Blytheville Chamber Foundation

Charity Navigator Rating: 58%, One-Star out of Four Stars

The Blytheville Chamber Foundation has received a low rating of 58%, indicating significant areas of concern in its accountability and financial management. While the foundation benefits from a fully independent board and has demonstrated effective program expense management with a high ratio of 93.75%, critical weaknesses in its financial liabilities and missing governance policies contribute to its overall score.

Strengths of the organization include full independence of board members, effective documentation of board meeting minutes, and a lack of material asset diversion. These factors highlight a commitment to transparency and responsible governance. However, the organization faces challenges, as indicated by a troubling liabilities to assets ratio of 310.18%, which suggests financial instability.

Additionally, the absence of essential governance policies, such as a conflict of interest policy and whistleblower protections, raises concerns about the organization's operational integrity. The lack of a website as listed on the tax form further detracts from its credibility. Overall, while the Blytheville Chamber Foundation has demonstrated some positive attributes, urgent improvements in financial management and governance are necessary for better evaluation and public trust.

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

Blytheville Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blytheville Chamber Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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