Colorado Wheat Research Foundation

Charity Navigator Rating: Needs Improvement

The Colorado Wheat Research Foundation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. This rating indicates that while the organization has some strengths, there are significant areas that require attention, particularly in accountability and transparency. The foundation has demonstrated strong performance in board independence and the management of assets, with 100% of board members being independent and no material diversion of assets reported.

However, there are critical gaps in necessary policies and documentation. The absence of a conflict of interest policy, whistleblower policy, and document retention guidelines raises concerns about governance practices. Additionally, the lack of financial statements and the nonprofit's tax form on their website severely impact their transparency rating, which could affect donor trust and confidence.

Despite these limitations, the foundation shows a commendable program expense ratio of nearly 78%, illustrating a commitment to its mission-driven activities. Improving the governance documentation and financial transparency could enhance its ratings and overall effectiveness in serving its community.

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

Colorado Wheat Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Wheat Research 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: $75,758

For more financial information, click here

Official website here: www.coloradowheat.org