Chabad Of Cluj-Napoca Romania

Charity Navigator Rating: Very poor (27%, Zero-Star out of Four Star rating)

Chabad Of Cluj-Napoca Romania has received a very poor rating from Charity Navigator, indicating significant concerns regarding its financial practices and transparency. The organization's accountability and finance metrics are high, scoring 100%, but they lack in critical areas such as financial statements review, conflict of interest policies, and policies for document retention. This raises questions about their financial management and operational oversight.

Despite having a majority of independent board members and no material diversion of assets, the nonprofit's low scores in transparency-related metrics, such as its failure to post financial documents on its website or maintain necessary policies, highlight weaknesses that could undermine trust among donors and stakeholders. The program expense ratio is also notably low at just 2.57%, suggesting that the majority of its expenditures may not be directed toward mission-related activities.

Overall, while Chabad Of Cluj-Napoca has some strengths in governance structure, the lack of transparency and accountability in financial practices could deter potential supporters and calls for significant improvements in organizational policies and reporting.

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

Chabad Of Cluj-Napoca Romania is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chabad Of Cluj-Napoca Romania 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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