Medina Healthcare Fund

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Medina Healthcare Fund has received an 80% score from Charity Navigator, indicating a solid level of accountability and finance management. The rating reflects the charity's focus on maintaining a fully independent board of directors, with all 11 members being independent, which enhances governance and decision-making processes. Additionally, the organization has a commendable program expense ratio of 93.92%, suggesting that a significant majority of its funds are directed toward its programs rather than administrative costs.

The charity demonstrates effective financial health, evidenced by a liabilities to assets ratio of 0.00%. This indicates that the organization does not carry any debt, which is a positive sign for its sustainability and operational stability. Other strengths include a documented conflict of interest policy and the practice of keeping board meeting minutes, both of which contribute to transparency and accountability.

While the overall score focuses exclusively on accountability and finance, there may be additional factors to consider regarding the organization’s effectiveness and impact in its healthcare initiatives. Nonetheless, the high marks in governance and financial management suggest that Medina Healthcare Fund is well-positioned to achieve its mission.

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

Medina Healthcare Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medina Healthcare Fund 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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