Tower Corporation

Charity Navigator Rating: Very poor (Zero-Star out of Four Star rating, 20%)

Tower Corporation has received a very poor rating from Charity Navigator, with a score of only 20%. While the organization boasts a perfect score for accountability and finance, its overall performance is marred by significant shortcomings in transparency and governance practices. The lack of an independent board size and deficiencies in various policy areas are concerning indicators of organizational health.

Strengths of Tower Corporation include having a majority independent board, which is crucial for maintaining accountability. However, the organization has failed to provide necessary governance documents and policies, including a conflict of interest policy and whistleblower protections, which are essential for ethical operations. These weaknesses suggest a lack of commitment to best practices in nonprofit management.

Additionally, the absence of required disclosures, such as posting tax forms on its website and documenting board meeting minutes, reflects poorly on its transparency to stakeholders. The poor program expense ratio and liabilities to assets ratio further indicate potential financial instability. Overall, while there are some strengths in governance, the significant limitations raise serious concerns about Tower Corporation's effectiveness and reliability.

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

Tower Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Corporation 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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