Key To Danville Foundation

Charity Navigator Rating: 50% (One-Star out of Four Stars)

The Key To Danville Foundation has received a low rating of 50%, indicating significant concerns regarding its accountability and financial management. With a one-star rating, the organization notably lacks independent board members, which may impact its governance and overall transparency. The absence of key policies related to conflicts of interest, whistleblower protections, and document retention raises red flags about the organization's operational integrity.

Despite these governance issues, the foundation demonstrates a strong commitment to its mission, as evidenced by an impressive program expense ratio of 99.36%. This figure suggests that the vast majority of its funds are directed towards its programs, rather than administrative costs. However, the organization's failure to provide necessary documentation, including board meeting minutes and tax forms on its website, further emphasizes the need for improved oversight and accountability.

In summary, while the Key To Danville Foundation effectively allocates its resources toward its programs, the lack of independent oversight and missing governance policies present serious limitations. These factors contribute to its low rating and highlight areas where the organization could improve to foster greater trust and transparency among its stakeholders.

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

Key To Danville Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key To Danville 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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