New Age Project Inc

Charity Navigator Rating: 90%

New Age Project Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This high score is based solely on a robust accountability and finance score of 90, indicating effective financial management and transparency within the organization. The organization has demonstrated exceptional governance practices, including a fully independent board and a solid conflict of interest policy.

One of the strengths highlighted in the evaluation is the financial health of the nonprofit, with a minimal liabilities to assets ratio of just 0.01%, showcasing its fiscal responsibility. Furthermore, the organization allocates an impressive 90.33% of its expenses directly to programs, ensuring that the majority of funds are utilized effectively to achieve its mission. The presence of an audit and oversight committee further enhances trust in its operational integrity.

While overall feedback is positive, continuous monitoring and adherence to the established policies will be crucial for maintaining this high standard. The organization’s emphasis on transparency and accountability serves as a commendable model for other nonprofits, although ongoing efforts will be necessary to sustain and potentially improve its ratings in the future.

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

New Age Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Age Project 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: $46,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $650,269

For more financial information, click here