Kimia Foundation

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Kimia Foundation has received a low rating primarily due to concerns regarding its accountability and financial practices. With an overall score of 53%, it shows significant weaknesses, including the absence of independent board members, which raises questions about governance and transparency. Key policies such as conflict of interest and whistleblower protections are missing, further impacting its accountability score.

On a more positive note, the foundation has zero liabilities and maintains a strong program expense ratio of 100%, indicating that all its resources are being directed toward its programs. This aspect suggests that the organization is effectively utilizing its funds to achieve its mission, despite the governance issues noted in the evaluation.

However, the lack of a publicly accessible website and missing documentation, such as board meeting minutes and tax forms, creates an additional barrier to transparency. Overall, while the Kimia Foundation appears to be committed to its programs, the significant gaps in governance and accountability cannot be overlooked.

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

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