Nathan Benderson Park Foundation Inc

Charity Navigator Rating: 42%

Nathan Benderson Park Foundation Inc has received a score of 42% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization’s accountability and financial management practices. The lack of independent board members is particularly alarming, as it suggests potential conflicts of interest and governance issues.

While the foundation does show strengths in areas such as the absence of asset diversions and maintaining meeting minutes, it falls short in essential policies. The organization does not have a whistleblower policy or a document retention policy, which are critical for transparency and accountability. Although they have a conflict of interest policy listed, the lack of independent oversight raises questions about the integrity of the organization’s operations.

Financially, the foundation has a decent liabilities to assets ratio and a program expense ratio of 52.91%. However, the overall financial score reflects insufficient investment in programs compared to administrative costs, highlighting a need for improvement in program funding and effective resource allocation.

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

Nathan Benderson Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nathan Benderson Park Foundation 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: $0

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Official website here: www.nbpfoundation.com