Martin Community College Foundation Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and transparency for the Martin Community College Foundation Inc. While the organization shows strong performance in certain areas, such as having an entirely independent board and excellent program expense ratio, there are significant deficits in other aspects that impact its overall rating.

The foundation demonstrates commendable financial health, with a perfect score in its liabilities to assets ratio and a high program expense ratio, suggesting that a large majority of funds are directed toward its programs rather than administrative costs. However, notable areas of concern include several missing policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, which are critical for maintaining organizational integrity and transparency.

Despite its strengths, the lack of essential documentation and policies could pose risks to governance and accountability. Additionally, the absence of a website link on its tax form raises questions regarding accessibility and public trust. The foundation will need to address these gaps to enhance its credibility and effectiveness in serving its mission.

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

Martin Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Community College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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