Starting Over Enterprises Inc

Charity Navigator Rating: 1 Star (52%)

Starting Over Enterprises Inc has received a low rating of 52%, resulting in a One-Star out of Four Stars designation on Charity Navigator. This score reflects significant concerns in accountability and financial transparency, notably a lack of financial statements and missing key governance policies, which adversely impacted its overall rating.

Strengths of the organization include a high percentage of independent board members, with 83% maintaining independence, and a solid program expense ratio of 99.56%, indicating that the majority of funds are directed toward its programs rather than administrative costs. However, the absence of critical documents such as board meeting minutes and a conflict of interest policy suggests serious gaps in governance.

While the charity demonstrates a commitment to program execution, the lack of transparency and proper financial oversight raises important questions for potential donors about the organization's accountability practices. Without improvements in these areas, the charity’s effectiveness and trustworthiness may be compromised.

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

Starting Over Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starting Over Enterprises 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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Official website here: www.startingoverenterprises.com