Tennessee Veterinary Med Foundation

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a solid level of accountability and finance management within the Tennessee Veterinary Med Foundation, with a perfect score in several areas such as independent board members and material diversion of assets. The program expense ratio of 86.14% indicates that a significant portion of expenditures is directed towards programs, which is a strong point for the organization.

However, the foundation has notable weaknesses that contributed to its lower overall rating. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are important for transparency and governance. Additionally, the absence of a publicly accessible tax form and the organization's tax form website are further limitations that detract from its accountability.

Overall, while the Tennessee Veterinary Med Foundation demonstrates strong financial practices, addressing the missing policies and documentation would enhance its governance and overall standing in the nonprofit sector. Such improvements could lead to a higher rating and greater public trust in the organization.

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

Tennessee Veterinary Med Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Veterinary Med Foundation 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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