Mono No Aware Inc

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Mono No Aware Inc has received a Three-Star rating from Charity Navigator, indicating a solid overall performance in financial health and accountability. The organization demonstrates a strong commitment to transparency with an 83% independent board, a favorable liabilities to assets ratio of 12.21%, and a high program expense ratio of 77.23%, suggesting that the majority of its resources are allocated to its programs rather than administrative expenses.

However, there are notable areas for improvement. The organization lacks critical policies such as a whistleblower policy and a document retention and destruction policy, which could raise concerns about governance practices. Although the board meeting minutes are documented and the tax form is accessible on the nonprofit's website, the absence of these policies may affect stakeholder confidence in the organization's operational integrity.

Overall, while Mono No Aware Inc shows strong financial practices and a commitment to its mission, addressing the gaps in governance policies would enhance its accountability and trustworthiness among donors and the community it serves.

This AI summary has been generated from information found on Charity Navigator.

Mono No Aware Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mono No Aware Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.mononoawarefilm.com