Athena Rising Foundation (Fka The Athena Alliance)

Charity Navigator Rating: 31%

The Athena Rising Foundation holds a 31% score, resulting in a Zero-Star out of Four Star rating. This low score reflects notable deficiencies in accountability and financial practices. While the organization has a majority of independent board members, it lacks essential financial documentation and policies that would promote transparency and governance, such as a whistleblower policy and financial statements.

Despite having a documented conflict of interest policy and the provision of board meeting minutes, there are significant gaps in financial management, including an undefined liabilities to assets ratio and a low program expense ratio. The fundraising efficiency also raises concerns, indicating that the organization may struggle to utilize funds effectively.

While the foundation has some positive aspects, such as reported independence within its board, the overall lack of critical financial accountability mechanisms severely hampers its credibility. Prospective donors and supporters should exercise caution and consider these factors when evaluating the foundation's operational integrity and impact.

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

Athena Rising Foundation (Fka The Athena Alliance) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athena Rising Foundation (Fka The Athena Alliance) 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.

Official website here: www.athenaalliance.org