Andrews Firefly Fund

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Andrews Firefly Fund has received a rating of 73%, which translates to a Two-Star rating, indicating that while the organization demonstrates certain strengths in accountability and finances, there are areas for improvement. The charity has a solid program expense ratio of 78.16%, showing that a significant portion of its resources is dedicated to programmatic activities. In terms of governance, it boasts a majority independent board with 66% of its members being independent, which generally contributes to better oversight and decision-making.

However, several critical governance policies are either missing or lacking. Notably, the charity does not have a whistleblower or document retention policy in place, which are essential for ensuring transparency and protecting stakeholders. Additionally, the organization has not posted its tax form on its website, which could limit access to important financial information for donors and the public.

Despite the strengths in financial management and board independence, the absence of key policies raises concerns about overall governance practices. Prospective donors and stakeholders should weigh these factors when considering their support for the Andrews Firefly Fund.

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

Andrews Firefly Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andrews Firefly Fund 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.fireflyfund.org