Tyler Evan Jones Art Scholarship Fund Inc

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Tyler Evan Jones Art Scholarship Fund Inc scores well on accountability and finance, reflecting a strong commitment to transparency and responsible financial practices. The charity has achieved a perfect score in several areas, including the independence of its board members and the absence of any material diversion of assets.

Strengths of the organization include its fully independent board, which consists of three members, and a high program expense ratio of 98.23%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, its favorable liabilities to assets ratio of 0.00% demonstrates sound management of financial resources.

However, there are notable limitations, including the absence of a conflict of interest policy, a whistleblower policy, and documentation retention and destruction policies, which are all critical for ensuring governance integrity. While these areas need improvement, the organization maintains a well-structured financial foundation, allowing it to focus on its primary objectives.

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

Tyler Evan Jones Art Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tyler Evan Jones Art Scholarship Fund Inc 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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Official website here: www.tylerevanjonesmemorial.com