Hope Community Education Endowment Association Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Hope Community Education Endowment Association Inc received a 73% rating, reflecting areas of strength and room for improvement. The organization demonstrates commendable financial practices with a program expense ratio of 99.61%, indicating that nearly all expenditures support its mission. Additionally, the board governance structure appears robust, with all members being independent and no material diversion of assets reported.

However, the organization faces significant limitations in its accountability practices. It lacks vital policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are crucial for transparency and ethical governance. Furthermore, the absence of its tax form on the nonprofit's website may hinder public trust. Overall, while the organization excels in program spending, addressing governance gaps is essential for improving its rating and credibility in the nonprofit sector.

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

Hope Community Education Endowment Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Community Education Endowment Association 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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