Korean-American Scientists & Engineers Association Inc

Charity Navigator Rating: 27% (Zero-Star out of Four Stars)

The Korean-American Scientists & Engineers Association Inc received a low score of 27% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is primarily based on financial metrics, where the organization scored poorly across various aspects, including program expenses and fundraising efficiency, which raises questions about effective resource allocation and sustainability.

Despite these financial shortcomings, the organization demonstrates some strengths, such as having a completely independent board, which reflects good governance practices. Additionally, it has shown transparency in certain areas, like the documentation of board meeting minutes and the lack of material diversion of assets, which are positive indicators for accountability.

However, the absence of critical policies such as those for conflict of interest and whistleblower protections, as well as the lack of financial statements, are significant limitations. These missing elements suggest potential vulnerabilities in governance and financial oversight that could impact the organization’s credibility and effectiveness in fulfilling its mission.

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

Korean-American Scientists & Engineers Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean-American Scientists & Engineers 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.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,942

For more financial information, click here

Official website here: www.ksea.org