Tennessee Press Assn Foundation Inc

Charity Navigator Rating: 0 Stars (47%)

The Tennessee Press Association Foundation Inc has received a low score of 47%, resulting in a Zero-Star out of Four Star rating. This rating primarily reflects the organization's performance in the Accountability & Finance category, where it scored poorly. While it maintains a fully independent board and has no material diversion of assets, significant weaknesses in financial management and transparency have impacted its overall score.

The foundation scored well in several governance aspects, such as having a conflict of interest policy and maintaining documented board meeting minutes. However, critical shortcomings include a lack of a whistleblower policy and a deficient ratio of program expenses to total expenses, which raises concerns about its resource allocation and effectiveness in fulfilling its mission.

Overall, while the organization demonstrates some strengths in governance and accountability, the significant financial management issues highlighted by its low program expense ratio and absence of essential policies suggest that potential donors and stakeholders should approach with caution.

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

Tennessee Press Assn Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Press Assn Foundation 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: $0

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