The Michigan-China Business Development Group

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Michigan-China Business Development Group has received an overall score of 83%, reflecting a solid performance in the realm of accountability and finance. The rating is based entirely on a single beacon score, with particular strengths noted in board independence and the absence of material asset diversion. The organization boasts a fully independent board, which is a positive indicator of governance.

However, there are notable weaknesses in the organization's transparency practices. The absence of a whistleblower policy and document retention and destruction policy indicates potential areas for improvement in adherence to best practices. Additionally, the nonprofit has not posted its tax form on its website, which detracts from its overall accountability.

Despite these limitations, the organization demonstrates strong financial health, with a favorable liabilities to assets ratio and a commendable program expense ratio. The commitment to maintaining thorough board meeting minutes further enhances its governance profile. Overall, while the Michigan-China Business Development Group shows promise, addressing its transparency shortcomings could bolster its reputation and operational effectiveness.

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

The Michigan-China Business Development Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Michigan-China Business Development Group submitted a form 990EZ, 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.