Waco Family Practice Foundation

Charity Navigator Rating: 42% (Zero-Star out of Four Stars)

The Waco Family Practice Foundation has received a score of 42% from Charity Navigator, resulting in a Zero-Star rating. This rating indicates significant concerns regarding the organization's financial health and operational efficiency. While the foundation demonstrates strong governance practices with perfect scores in areas such as board independence, conflict of interest policies, and financial oversight, these strengths are overshadowed by poor financial ratios and a lack of effective fundraising efforts.

The organization has a high liabilities-to-assets ratio at 2.38%, which raises red flags about its financial sustainability. Additionally, its program expense ratio stands at only 44.33%, indicating that less than half of its expenses are directed toward its programs. The lack of fundraising efficiency, noted by a $0.00 ratio, suggests that the foundation is not generating revenue through fundraising activities, which could further strain its financial resources.

Overall, while the Waco Family Practice Foundation demonstrates good governance and accountability practices, serious financial issues limit its operational capacity and effectiveness. Potential donors and stakeholders may want to critically assess these factors before supporting the organization.

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

Waco Family Practice Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Family Practice 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: $163,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,975

For more financial information, click here