Dreamchasers

Charity Navigator Rating: 82%, Three-Star out of Four Star Rating

Dreamchasers has received a solid Three-Star rating from Charity Navigator, indicating a generally positive evaluation based on its accountability and financial performance. The charity scored 82% overall, with its rating derived exclusively from its Accountability & Finance metrics. This reflects a strong commitment to transparency and sound financial practices.

The charity demonstrates exceptional governance, with a fully independent board of directors and a robust board size, which are key indicators of reliability and accountability. Additionally, Dreamchasers has shown excellent financial oversight, with no material diversion of assets and well-documented board meeting minutes. Their low liabilities to assets ratio further suggests prudent financial management.

However, while the high program expense ratio of 82.45% implies that a significant portion of funding is directed toward its programs, the overall score indicates there may be areas for improvement in other performance metrics outside of financial accountability. Overall, Dreamchasers appears to be a responsible organization, but potential donors may want to seek more information regarding its programmatic effectiveness.

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

Dreamchasers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreamchasers 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: $162,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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