Patterson School Foundation Inc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

Patterson School Foundation Inc has earned a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial management. The organization exhibits strong performance in certain areas, such as having an entirely independent board and a favorable program expense ratio of 81.41%. These strengths suggest that a significant portion of their resources is directed towards their programs, which is a positive indicator for potential donors.

However, the foundation also has notable weaknesses that impact its overall rating. The lack of critical governance policies, including a conflict of interest policy and a whistleblower policy, raises concerns about transparency and accountability. Additionally, the failure to post tax forms on its website and other documentation deficiencies further detract from its financial accountability score.

Overall, while Patterson School Foundation Inc demonstrates strong programmatic spending and effective board independence, the absence of essential governance practices indicates areas for improvement. Potential supporters may want to consider these factors when evaluating the organization’s effectiveness and commitment to best practices in nonprofit management.

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

Patterson School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patterson School 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: $60,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,519

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