Princeton Meditation Group

Charity Navigator Rating: 13% (Zero-Star out of Four Star Rating)

Princeton Meditation Group has received a low score of 13%, resulting in a Zero-Star rating, indicating significant concerns regarding its accountability and financial practices. The overall rating is based solely on its accountability performance, with specific issues noted in governance and transparency. Notably, the organization has failed to demonstrate a majority of independent board members, which critically affects its governance score.

The charity has no independent board members and lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention protocol. This absence of key governance structures raises questions about the organization's oversight and ethical practices. Additionally, the provision of financial documents on its website is missing, further affecting transparency.

Despite having a zero material diversion of assets, which is a positive aspect, the organization has a low program expense ratio of 34.29%. This suggests that a significant portion of its expenditures may not be directed towards its programs, which could hinder its overall effectiveness. The lack of necessary financial and governance practices limits the potential for donor confidence and long-term sustainability.

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

Princeton Meditation Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Meditation Group 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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