Plough Towers Fund Inc

Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)

Plough Towers Fund Inc has received a rating of "Needs Improvement" from Charity Navigator, indicating some strengths in accountability and finance but notable weaknesses in transparency. The organization scores perfectly in areas like having a majority of independent board members and low liabilities to assets ratio, which suggests a strong governance structure. However, the lack of accessible financial statements and required documents on their website raises concerns regarding their transparency and public accountability.

While the organization has a solid program expense ratio, indicating that funds are being directed towards its mission, the failure to post their tax forms and other essential documents online is a significant drawback. Additionally, the absence of a whistleblower policy and issues with document retention practices further contribute to the organization's low rating in transparency.

Overall, Plough Towers Fund Inc demonstrates strengths in governance and program expenses but must improve its financial transparency and compliance with best practices to enhance trust and credibility with stakeholders.

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

Plough Towers Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plough Towers Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,380

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