Addie Sparks Trust

Charity Navigator Rating: 13%

The Addie Sparks Trust has received a low rating of 13%, resulting in a Zero-Star out of Four Stars designation. This score indicates significant concerns regarding the charity's accountability and financial practices. Notably, the organization lacks independent board members and has failed to implement essential policies such as conflict of interest and whistleblower protections, which are critical for transparency and governance.

Despite having no material diversion of assets, the overall financial health of the trust is called into question due to its poor performance in key areas, including the absence of a website linked in their tax form and missing documentation for program expense ratios. The organization's liabilities to assets ratio is also alarmingly low, suggesting potential financial instability.

While the trust does maintain documented board meeting minutes, the absence of other foundational policies and the lack of independent oversight raise serious red flags for potential donors and stakeholders. Without significant improvements in governance and transparency practices, the Addie Sparks Trust may struggle to build trust with the community it serves.

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

Addie Sparks Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Addie Sparks Trust 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: $7,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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