Abbas Heart

Charity Navigator Rating: Very poor (23%)

Abbas Heart has received a very poor rating from Charity Navigator, earning only 23%, which translates to a zero-star rating. The accountability and finance score highlights significant concerns, particularly the absence of independent board members and lack of financial transparency. The organization has no independent board members and has failed to provide essential financial statements, which raises questions about its governance and financial practices.

One notable strength is that there has been no material diversion of assets, indicating that funds are likely being used appropriately. However, the organization lacks several critical policies, including a conflict of interest policy and a whistleblower policy, which are vital for ensuring ethical operations and accountability. The presence of board meeting minutes is a positive aspect, but it does not compensate for the overall lack of transparency.

Additionally, the program expense ratio stands at 54.20%, suggesting that more than half of its expenses are directed towards its programs. However, this figure alone is not sufficient to mitigate the concerns raised by the lack of independent oversight and missing financial documentation. Overall, potential donors and stakeholders should exercise caution and seek further information before engaging with Abbas Heart.

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

Abbas Heart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abbas Heart 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,602

For more financial information, click here

Official website here: www.abbasheart.com