Maryland Medicine Pa

This charity has received a Zero-Star out of Four Star rating on Charity Navigator, reflecting a score of 47%. This rating highlights significant concerns regarding its accountability and financial transparency, particularly the lack of independent board members and missing financial statements on its website. The absence of these elements is critical as they are fundamental to ensuring the integrity and oversight of nonprofit operations.

Despite its low score, Maryland Medicine Pa has shown some strengths, particularly in its program expense ratio, which is exceptionally high at 99.91%. This indicates that nearly all of its expenditures are directed toward programs, suggesting a commitment to its mission. Additionally, the organization has implemented policies for conflict of interest, whistleblowing, and document retention, which are positive indicators of governance.

However, the organization's significant liabilities compared to its assets, standing at 94.33%, raises concerns about its financial health and sustainability. The lack of documented board meeting minutes and the absence of tax forms on its website further emphasize the need for improved transparency and accountability practices. Overall, while there are some positive aspects, the critical weaknesses noted in governance and financial reporting are concerning.

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

Maryland Medicine Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Medicine Pa 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: $14,480,908

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