The Falls Church Endowment Fund Inc

Charity Navigator Rating: 63% (Two-Star out of Four Star rating)

The Falls Church Endowment Fund Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness in its accountability and finance practices. The overall score is solely based on a single beacon score, reflecting the organization's commitment to financial integrity and transparency, although it falls short in independent governance measures.

While the organization achieved a high program expense ratio of 92.83%, demonstrating effective allocation towards its mission, it has significant weaknesses in board independence, as indicated by the absence of independent board members. Additionally, the lack of key policies such as a whistleblower policy and document retention protocols raises concerns regarding governance practices.

Furthermore, transparency issues are highlighted by the missing tax form on the nonprofit's website, which could impede stakeholder trust. Although there are strengths in financial management, particularly in its liabilities and asset ratios, the organization must address its governance and policy deficiencies to improve its overall rating and effectiveness.

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

The Falls Church Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Falls Church Endowment Fund 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.

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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Official website here: www.thefallschurch.org/endowment