Kappa Charitable Trust Fund

Charity Navigator Rating: Zero Stars (47%)

The Kappa Charitable Trust Fund has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score reflects a low percentage, primarily driven by its Accountability & Finance score of 47%. While the organization has excelled in several governance aspects, such as having an entirely independent board and established conflict of interest and whistleblower policies, these strengths are overshadowed by its poor financial performance metrics.

The organization has demonstrated a commitment to good governance practices, with a fully independent board and documented meeting minutes. However, critical financial ratios raise concerns, particularly its liabilities to assets ratio at 0.31% and a low program expense ratio of 40.71%. This indicates that a substantial portion of its resources may not be directed towards its programs, which is a significant drawback for potential donors looking for effective fund allocation.

Overall, while Kappa Charitable Trust Fund has solid governance practices, its financial management and program spending ratios need significant improvement to enhance its rating and attract more support. Donors should consider these factors carefully when deciding whether to contribute.

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

Kappa Charitable Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Charitable Trust Fund 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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