North Miami Foundation For Senior C

Charity Navigator Rating: 58% (One-Star out of Four Star rating)

The North Miami Foundation for Senior Citizens holds a One-Star rating, indicating significant concerns regarding its accountability and financial practices. While the organization has demonstrated strengths in governance, such as having a fully independent board, there are critical areas that require improvement, particularly in financial transparency and reporting. The absence of financial statements and the nonprofit's failure to post key documents on its website contributed to its low overall score.

Strengths include a high program expense ratio of 86.29%, suggesting that a large portion of its resources is directed toward its mission. However, the charity lacks essential policies like a whistleblower policy and document retention guidelines, which are crucial for maintaining accountability and protecting stakeholder interests. These missing elements highlight potential risks in operational transparency.

Overall, while the North Miami Foundation for Senior Citizens has a solid focus on its programs, the lack of financial documentation and policies raises concerns about its governance practices. Potential donors and supporters may want to consider these factors before contributing to or partnering with the organization.

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

North Miami Foundation For Senior C is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Miami Foundation For Senior C 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: $289,890

For more financial information, click here

Official website here: www.nmf620.org