The Nlg-Nyc Chapter Foundation Inc

Charity Navigator Rating: Needs Improvement

The Nlg-Nyc Chapter Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement, with an overall score of 66%. This rating primarily reflects the foundation's Accountability & Finance metrics, highlighting both strengths and areas requiring attention. Notably, the organization has achieved full points for having a majority of independent board members and for maintaining clear records of board meeting minutes.

While the foundation demonstrates some strong governance practices, there are significant deficiencies in its policies. The absence of a whistleblower policy and a document retention policy, coupled with the failure to post its tax forms on its website, detracts from its overall accountability score. Additionally, although the program expense ratio is reasonable at 58.80%, it received a lower score in this category, suggesting that more funding could potentially be directed toward its programs.

In summary, The Nlg-Nyc Chapter Foundation Inc shows a commitment to maintaining an independent board and is transparent in its board activities. However, it is crucial for the organization to address its governance policies and enhance its financial management practices to improve its rating and effectiveness in serving its mission.

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

The Nlg-Nyc Chapter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nlg-Nyc Chapter 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: $11,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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