Medical Fitness Education Foundation

Charity Navigator Rating: Needs Improvement

The Medical Fitness Education Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating substantial room for improvement. With an overall score of 65%, the organization shows strengths in managing its program expenses effectively, with a program expense ratio of 67.55%. Additionally, its working capital ratio is strong at 10.46 years, reflecting a stable financial position. However, the foundation has significant weaknesses in governance and transparency, as evidenced by the absence of independent board members and missing policies such as conflict of interest and whistleblower protections.

The accountability and finance score stands at a low 63, primarily due to the lack of essential financial statements and documentation practices. The organization's oversight appears insufficient, with no board meeting minutes recorded and tax forms not distributed to board members prior to filing. Although there is no material diversion of assets, these governance issues may raise concerns about the organization's long-term sustainability and ethical management.

On a positive note, the foundation has implemented six equity practices, scoring 83 out of 100 points in its equity strategies. This suggests a commitment to inclusivity and fairness within its programs. However, the zero score in fundraising efficiency indicates challenges in attracting donations or managing fundraising activities effectively, which may hinder future growth and program expansion.

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

Medical Fitness Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Fitness Education 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,134

For more financial information, click here

Official website here: www.medfited.org