Nan Newark Tech World

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Nan Newark Tech World has earned a Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating is based solely on the Accountability & Finance beacon, indicating that the organization demonstrates a commendable level of financial oversight and governance. The charity has a strong commitment to transparency, as evidenced by its independent board composition and the absence of material asset diversions.

The organization scores particularly well in areas such as independent board membership and financial oversight practices, achieving full marks in multiple categories, including its conflict of interest and whistleblower policies. The program expense ratio is also robust at 90.20%, suggesting that a significant portion of its funds is directed toward its programs, rather than administrative costs.

However, the charity does face some challenges, notably reflected in its liabilities to assets ratio, which at 75.52% indicates potential financial vulnerability. While the overall accountability and governance practices are strong, this financial metric could warrant further attention from stakeholders and potential donors.

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

Nan Newark Tech World is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nan Newark Tech World 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: $146,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $443,360

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