Amy For Africa Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

Amy For Africa Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization boasts a strong program expense ratio of 99.87%, suggesting that nearly all of its expenses are directed towards its programs. However, it has significant shortcomings in transparency, as it has not provided financial statements and lacks key policies such as conflict of interest and whistleblower protections.

The organization has a fully independent board, which is a positive aspect, with all eight members meeting independence criteria. Additionally, it maintains a favorable liabilities to assets ratio of 0.40%, reflecting a stable financial position. However, the absence of necessary documentation and policies raises concerns about governance and operational integrity, which may affect donor trust and support.

In summary, while Amy For Africa Inc demonstrates a strong commitment to its programs and has a well-structured board, it must address significant gaps in accountability and transparency to improve its overall rating and ensure donor confidence.

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

Amy For Africa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amy For Africa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,016

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Official website here: www.amyforafrica.com