Bradford Memorial Library Endowment Association

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 69%)

The Bradford Memorial Library Endowment Association has received a Two-Star rating from Charity Navigator, indicating that the organization has notable strengths but also significant areas for improvement. With a score of 69%, the nonprofit demonstrates a solid commitment to maintaining an independent board and managing its assets responsibly, reflected in a perfect score for independent board membership and a 0% liabilities to assets ratio.

However, several critical governance and transparency policies are missing, such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which negatively impact its accountability score. Additionally, the organization's website is not listed on its tax form, and key financial documents are not posted on its website, which raises concerns about transparency for potential donors and stakeholders.

While the program expense ratio of 66.64% suggests that a significant portion of funds is allocated to its programs, the lack of proper documentation and policies may hinder trust and engagement from the community. Addressing these governance issues could enhance the organization's rating and increase donor confidence in its operations.

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

Bradford Memorial Library Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bradford Memorial Library Endowment Association 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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