Brazos Foundationinc

Charity Navigator Rating: Needs Improvement

The Brazos Foundation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. This rating is based solely on the Accountability & Finance beacon, indicating that while the organization demonstrates a solid commitment to financial responsibility, there are significant areas for improvement, particularly in transparency and governance practices.

The organization boasts a 100% independent board and demonstrates no material diversion of assets, indicating strong governance in these respects. Additionally, the program expense ratio is commendable at 90.51%, reflecting a focus on funding programs rather than administrative costs. However, the foundation's lack of key policies and the absence of several important documents on its website has adversely affected its overall score.

Specifically, the absence of a conflict of interest policy, whistleblower policy, and a document retention policy are noted weaknesses. Furthermore, the missing website listing on the tax form and the failure to post the tax form on its website highlight a need for greater transparency to enhance trust among stakeholders. Overall, while the foundation demonstrates effective financial management, addressing these governance and transparency gaps is essential for improving its rating in the future.

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

Brazos Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brazos Foundationinc 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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