Fm 901 Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)

Fm 901 Inc has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in the areas of accountability and governance. The organization has a financial score of 73%, demonstrating a solid program expense ratio of 86.21%, which suggests effective allocation of resources towards its mission. However, the absence of independent board members raises concerns about governance and oversight.

The organization has scored well in certain financial practices, as evidenced by a perfect score for financial statements and a low liabilities-to-assets ratio of 0.97%. Importantly, there are no reported material diversions of assets. However, the lack of key policies such as conflict of interest and whistleblower protections reflects gaps in organizational governance that could affect transparency and accountability.

In summary, while Fm 901 Inc shows strengths in program expenditures and financial integrity, significant weaknesses in governance practices must be addressed to enhance its accountability and overall effectiveness. The absence of independent oversight and essential policies could hinder the organization's reputation and operational resilience.

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

Fm 901 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fm 901 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: $105,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,416

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Official website here: www.wjcr.org