Donated Vehicle Foundation Inc

Charity Navigator Rating: 34% (Zero-Star out of Four Star rating).

The Donated Vehicle Foundation Inc has received a low score of 34%, reflecting significant concerns regarding its financial practices and transparency. While the organization has an independent board with a majority of members (66%), it falls short in other critical areas, particularly with its financial statements and program expenses, which suggest limited effectiveness in utilizing resources for its intended mission.

Strengths include the establishment of policies for conflict of interest, whistleblower protection, and document retention, which indicate some level of governance and accountability. However, the absence of financial statements and a poor program expense ratio of only 6.34% raise serious questions about the operational efficiency and financial health of the nonprofit. The lack of transparency in financial reporting could hinder potential donors' willingness to support the organization.

Overall, the Donated Vehicle Foundation Inc has significant limitations that potential donors and supporters should consider. The charity's current financial practices and lack of documentation could impact its ability to fulfill its mission effectively and sustainably.

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

Donated Vehicle Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donated Vehicle Foundation Inc 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: $90,000
Professional Fundraising Fees: $54,971
Other Salaries and Wages: $587,368

For more financial information, click here

Official website here: www.blokauto.com