Gonzalez Family Foundation

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Gonzalez Family Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an Accountability & Finance score of 50%, the organization lacks essential governance structures, such as independent board members, conflict of interest policies, and proper documentation of board meeting minutes. These shortcomings contribute to a perception of inadequate oversight and transparency.

Despite these challenges, the foundation does demonstrate a positive aspect in its financial management, with a program expense ratio of 69.73%, suggesting that a substantial portion of its resources is directed towards fulfilling its mission. Additionally, the organization has no reported material diversion of assets, which reflects stability in its financial practices. However, the absence of financial statements and a missing website further detracts from its credibility.

Overall, while the Gonzalez Family Foundation appears to allocate a majority of its funds towards its programs, the lack of independent governance and transparency raises concerns. Potential donors and community members should consider these factors when evaluating their support for this organization.

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

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