William F Buchanan Cdc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)

The William F Buchanan Cdc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. While the organization scores well in accountability and finance, achieving a perfect score of 100% in that category, there are significant gaps in its governance policies that have affected its overall rating.

Strengths of the organization include a fully independent board and the absence of material asset diversion. The majority of the board members are independent, and they have policies in place for conflicts of interest and document retention. However, the lack of a whistleblower policy and failure to post required documents on their website detract from their transparency and governance practices.

Despite a favorable liabilities to assets ratio and a respectable program expense ratio, these governance shortcomings highlight an area for growth. For potential donors and stakeholders, these insights suggest the need for closer scrutiny regarding the operational practices of the organization.

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

William F Buchanan Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William F Buchanan Cdc 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: $63,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.wfbcdc.org