Islamic Foundation North Endowment Fund

Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)

The Islamic Foundation North Endowment Fund has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is based solely on one beacon score, which highlights major deficiencies, particularly in the program expense ratio, which stands at 0.00%. This suggests that the organization is not allocating any funds toward its stated charitable programs.

Despite these shortcomings, the organization has strengths in certain governance aspects, such as having a fully independent board and no material diversion of assets. The charity also adheres to a conflict of interest policy and maintains proper documentation of board meeting minutes. However, important policies such as whistleblower protections and document retention are missing, which raises concerns about the organization's transparency and internal controls.

Overall, while the organization demonstrates some effective governance practices, the lack of program funding and missing critical policies contribute to its low rating. Potential donors and stakeholders may want to consider these factors carefully before engaging with the organization.

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

Islamic Foundation North Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islamic Foundation North Endowment Fund 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: $0

For more financial information, click here