Eugene Bell Foundation Inc

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Eugene Bell Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With an overall score of 80%, the organization demonstrates strong governance practices, including a fully independent board with 87% independent members and a commendable documentation of board meeting minutes. The absence of any material diversion of assets further enhances its credibility.

Financially, the foundation shows a strong commitment to its programs, with a program expense ratio of 78.25%, meaning a substantial majority of its expenditures support its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio of only 0.09%, showcasing its financial stability and effective resource management.

While the overall rating reflects positively on the foundation's accountability and financial practices, the Three-Star rating suggests there is room for improvement in areas that could enhance transparency and performance. Continued efforts in these areas could elevate its standing further among nonprofit organizations.

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

Eugene Bell Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eugene Bell Foundation 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000

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