Broken Chains

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Broken Chains has achieved a moderate rating of 73%, reflecting some positive aspects of its operations while also highlighting areas for improvement. The organization demonstrates strong governance with an independent board, evidenced by full scores in board member independence and size, and it maintains excellent financial health with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed towards its mission.

However, the nonprofit faces critical shortcomings in its accountability and transparency practices. The absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its governance framework. Additionally, the lack of publicly accessible tax forms on its website contributes to a perception of opacity, which may affect donor confidence. Overall, while Broken Chains shows potential in its operations, addressing these limitations is vital for improving its overall rating and public trust.

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

Broken Chains is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broken Chains 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.brokenchainsjc.com