Mount Vernon Umc Foundation

Charity Navigator Rating: Two-Star out of Four Stars, 66%

The Mount Vernon Umc Foundation has received a rating of "Needs Improvement" with a score of 66%. The foundation shows strengths in its governance structure, with a fully independent board and no material diversion of assets, which contributes positively to its accountability and finance score. However, its overall performance is hindered by the absence of critical policies, such as a whistleblower policy and a document retention and destruction policy, which have significantly affected its ratings.

The organization's program expense ratio stands at 58.64%, indicating that a little over half of its expenses are directed towards programs. This is a moderate performance metric, suggesting room for improvement in allocating funds more effectively to programmatic activities. Despite these challenges, the foundation maintains a favorable liabilities-to-assets ratio of 0.00%, indicating a strong financial standing without debts.

Overall, while the Mount Vernon Umc Foundation demonstrates solid governance practices, the lack of essential policies and a somewhat limited program expense ratio highlight areas for improvement. Addressing these gaps could enhance its trustworthiness and effectiveness in serving its mission.

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

Mount Vernon Umc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Vernon Umc Foundation 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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