Sick Cells

Charity Navigator Rating: 37%

Sick Cells has received a low score of 37%, which translates to a Zero-Star out of Four Star rating, indicating significant areas for improvement in accountability and financial management. The organization has not demonstrated majority independence on its board, with 0% independent members, which raises concerns about governance and oversight. While the charity does have some financial safeguards in place, such as a solid audit process and no material diversion of assets, other governance policies like whistleblower and document retention practices are missing.

The organization's program expense ratio stands at 47.21%, which suggests that less than half of its expenses are directed toward programs. This is well below the benchmarks for efficiency in the nonprofit sector, indicating potential inefficiencies in spending. Additionally, the charity's liabilities to assets ratio is at 0.00%, which may suggest a lack of financial leverage but can also indicate limitations in asset utilization.

Overall, while Sick Cells demonstrates a commitment to some financial oversight, the lack of independent governance and missing policies reflect significant weaknesses. Stakeholders may want to consider these factors when evaluating their support for the organization.

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

Sick Cells is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sick Cells 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: $287,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.sickcells.org