Terrebonne Churches United Foodbank Inc

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

Terrebonne Churches United Foodbank Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The charity's overall score is based entirely on its Accountability & Finance metrics, where it scored 87%. This suggests that the organization is effectively managing its finances and adheres to good governance practices.

Strengths of the organization include its fully independent board, which scored 100% in that area, and high marks for maintaining transparency in financial statements, as evidenced by a complete audit. Moreover, the foodbank effectively allocates its resources, with an impressive program expense ratio of 84.05%, showing that a significant majority of its expenses go directly to its charitable mission.

However, there are some limitations noted in the score, particularly the absence of a conflict of interest policy and document retention and destruction policies, which received low scores. These gaps could indicate areas for improvement in governance practices, though they do not significantly undermine the organization's overall effectiveness as a charity.

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

Terrebonne Churches United Foodbank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terrebonne Churches United Foodbank 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: $57,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,149

For more financial information, click here

Official website here: www.tcufoodbank.org/