Scott Eli Jackson Foundation

Charity Navigator Rating: One-Star out of Four Stars (50%)

The Scott Eli Jackson Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation's score of 50% reflects a lack of transparency and some structural weaknesses within its financial management. While the organization boasts 100% independent board members and the presence of essential policies such as conflict of interest and document retention, it falls short in crucial areas like the absence of a whistleblower policy and the failure to post its tax form on its website.

Despite the positive aspects of having an independent board and no material diversion of assets, the foundation’s liabilities to assets ratio is alarmingly high at 423.23%. This raises red flags about its financial sustainability and ability to meet obligations. Additionally, the program expense ratio is only at 50.39%, suggesting that less than half of its expenditures are directed towards its charitable programs.

Overall, while the foundation demonstrates a commitment to governance with its independent board structure and policies in place, the significant financial management issues highlighted by its low scores in critical areas are concerning and warrant attention for potential improvement.

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

Scott Eli Jackson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scott Eli Jackson Foundation 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.thesejf.org