Meba Merchant Marine Memorial Foundation Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 70%)

The Meba Merchant Marine Memorial Foundation Inc has received a Two-Star rating from Charity Navigator, indicative of a need for improvement despite a high score in Accountability & Finance. The organization excels in several areas, including having a fully independent board and impressive program expense ratios, with 94.10% of its expenses directed toward programs. Additionally, there are no indications of material diversion of assets, highlighting effective financial management.

However, the foundation has faced criticism regarding its lack of transparency. Key policies, such as conflict of interest, whistleblower, and document retention policies, are either missing or not disclosed. Furthermore, the organization fails to provide essential documentation such as board meeting minutes and tax forms on its website, which detracts from its overall transparency and accountability.

Overall, while the Meba Merchant Marine Memorial Foundation Inc demonstrates strong financial health and governance through its independent board, the absence of critical policies and lack of accessible information on its website indicate areas that require significant attention and improvement to enhance donor confidence and operational effectiveness.

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

Meba Merchant Marine Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meba Merchant Marine Memorial Foundation Inc submitted a form 990EZ, 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.