Icare

Charity Navigator Rating: Needs Improvement (Two Stars, 73%)

Icare has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it has strengths in accountability and finance, there are significant areas needing improvement. The organization boasts a perfect score in several accountability measures, such as an independent board and no material diversion of assets. However, it falls short in critical governance practices, including the absence of a conflict of interest policy and lack of documented board meeting minutes.

The organization demonstrates a strong program expense ratio, indicating that a significant portion of its funding is directed towards its programs. This is a positive reflection of its commitment to fulfilling its mission. However, the lack of essential policies, such as whistleblower and document retention, raises concerns about its governance and operational transparency.

Overall, while Icare exhibits strong financial accountability, the deficiencies in its governance structures may hinder its effectiveness and trustworthiness. Stakeholders should consider these factors when evaluating the organization's overall performance and impact.

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

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

For more financial information, click here

Official website here: www.icare4vision.org