New Beginnings For Youth Foundation

Charity Navigator Rating: 53%, One-Star out of Four Stars

The New Beginnings For Youth Foundation has been assigned a One-Star rating by Charity Navigator, with an overall score of 53%. This rating reflects concerns regarding accountability and financial transparency. The organization has a significant lack of independent board members, with 0% of its board being independent, which raises questions about governance.

Despite these weaknesses, the foundation demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 98.60%. This indicates that the majority of its expenses are directed towards its mission-related activities. However, the organization has not established essential policies such as a conflict of interest policy, whistleblower policy, or document retention policy, which are critical for maintaining accountability.

Additionally, several documents required for transparency, including the charity's website and tax form postings, are missing. Although there are no noted material diversions of assets, the absence of these important governance practices highlights areas where the foundation needs improvement. Overall, while the organization is effectively allocating funds to its programs, it must enhance its accountability and governance practices to build trust with donors and stakeholders.

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

New Beginnings For Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings For Youth Foundation submitted a form 990EZ, 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.