Vera Rasmussen Irrev Trust

Charity Navigator Rating: 1 Star (50%)

Vera Rasmussen Irrev Trust has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 50% overall, with particular weaknesses in board independence and transparency, as evidenced by the absence of independent board members and missing key governance policies.

Strengths noted in the report include a solid program expense ratio of 100%, demonstrating that all of the organization's expenses are directed towards its mission-related programs. Additionally, there are no reported material diversions of assets, which is a positive indicator of financial integrity. However, the lack of a website listed on the tax form and missing policies like conflict of interest and whistleblower protections raise concerns about the organization's governance practices.

Overall, while Vera Rasmussen Irrev Trust maintains a commendable focus on program expenses, the critical deficiencies in governance and transparency limit its accountability. For potential donors, these factors may warrant caution when considering support for the organization.

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

Vera Rasmussen Irrev Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vera Rasmussen Irrev Trust 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: $14,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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