The Excelsior Foundation

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The Excelsior Foundation has received a 73% rating from Charity Navigator, earning it a Two-Star designation. This rating is based entirely on accountability and finance metrics, indicating that while the organization demonstrates some strong financial practices, there may be room for improvement in other areas of performance to increase its overall score.

Among its strengths, the foundation boasts a fully independent board with nine members, ensuring that there are no conflicts of interest in its governance. It has also demonstrated responsible financial practices, evidenced by a low liabilities-to-assets ratio of 5.64% and a 100% program expense ratio, meaning that all its expenses are directed towards its programs. Furthermore, the foundation has shown transparency by documenting board meeting minutes.

However, the rating suggests that there may be other areas, not captured in the financial metrics, that could enhance the overall effectiveness of the foundation. The lack of additional beacons might indicate a need for improvement in programmatic outcomes or community impact assessments, which are not reflected in the current accountability and finance evaluation.

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

The Excelsior Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Excelsior 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: $199,802

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