Tru

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)

Tru has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational transparency and accountability. While the organization exhibits strong governance features, such as having a majority of independent board members and a solid liabilities to assets ratio, it falls short in critical areas like financial reporting and policy documentation. The overall score reflects these weaknesses, particularly with a low score in financial statements and several essential policies not being in place.

The organization demonstrates a commendable program expense ratio of over 73%, suggesting that a significant portion of its resources is directed towards its mission-related activities. However, the lack of transparency in financial practices and the absence of key governance policies like conflict of interest and whistleblower protections raise concerns about its accountability. These factors contribute to the need for improvement as noted in the Charity Navigator assessment.

To enhance its rating and ensure greater trust from donors and stakeholders, Tru should prioritize improving its financial reporting and governance policies. Establishing and publicly sharing these key documents could significantly bolster its credibility and effectiveness as a nonprofit organization.

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

Tru is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tru 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: $121,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,068

For more financial information, click here