Greatlife Cares Foundation

Charity Navigator Rating: 1 Star

Greatlife Cares Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices, reflected in a score of only 50%. Key issues include a complete lack of independent board members and several missing governance policies, such as conflict of interest and whistleblower policies. These deficiencies suggest potential vulnerabilities in the organization's oversight and operational transparency.

Despite these shortcomings, the foundation demonstrates a strong commitment to its mission, as evidenced by a 100% program expense ratio, meaning all its expenses are directed towards its charitable programs. Additionally, there has been no material diversion of assets, indicating that funds are being used as intended. However, the lack of transparency in its governance processes remains a critical area that needs addressing.

The absence of important documentation, such as board meeting minutes and the tax form posted on the nonprofit's website, further complicates the organization's accountability. For potential donors and supporters, these factors warrant careful consideration when assessing the foundation's reliability and effectiveness.

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

Greatlife Cares Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greatlife Cares Foundation 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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