Healthy Minds Healthy Lives Foundation

Charity Navigator Rating: 10%

The Healthy Minds Healthy Lives Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns in its accountability and finance practices. The organization scores particularly low in several areas, including board independence, with no independent members, and a lack of essential governance policies. These shortcomings contribute to a total score of just 10%, underscoring a need for improvement in transparency and management.

Among the most critical points is the absence of key documents and policies, such as a conflict of interest policy and board meeting minutes. The lack of these governance structures raises questions about the organization's oversight and decision-making processes. Additionally, the foundation does not have its website listed on its tax forms, which is a basic requirement for transparency.

While the charity reports no material diversion of assets, the overall financial performance metrics, including program expense ratios and liabilities to assets, are not available. This raises further concerns about how funds are allocated and managed. Overall, without substantial improvements in governance and financial accountability, the Healthy Minds Healthy Lives Foundation may struggle to build trust with potential donors and stakeholders.

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

Healthy Minds Healthy Lives Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthy Minds Healthy Lives 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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