Friends Of University Of Guelph

Charity Navigator Rating: 67%, Two-Star out of Four Star Rating

The Friends of University of Guelph has received a Two-Star rating from Charity Navigator, reflecting a score of 67%. The rating is primarily based on the Accountability & Finance score, which indicates a strong performance in areas such as board independence and financial management, but also highlights significant areas for improvement in transparency and governance practices.

Strengths of the organization include having an entirely independent board, no material diversion of assets, and an impressive program expense ratio of 99.97%. These factors suggest that the charity is effectively utilizing its resources to fulfill its mission while maintaining financial integrity. However, the lack of financial statements and various governance policies such as a conflict of interest policy and a whistleblower policy raises concerns about accountability and transparency.

Overall, while the Friends of University of Guelph demonstrates a strong commitment to financial health and independence, its shortcomings in governance documentation and transparency measures limit its overall rating. Continuous improvements in these areas could enhance its standing and impact within the nonprofit sector.

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

Friends Of University Of Guelph is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of University Of Guelph 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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