Reneworg

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Reneworg has received an 86% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score reflects the organization’s commitment to maintaining a high level of transparency and responsible financial practices. The rating is based entirely on their accountability metrics, which are crucial for potential donors seeking assurance that their contributions are handled effectively.

The organization excels in areas such as having a fully independent board, where all members are independent, and strong financial management practices with no material diversion of assets reported. Additionally, it has a high program expense ratio of 70.89%, demonstrating a focus on utilizing funds directly for its mission rather than administrative costs.

However, there are some weaknesses noted in the evaluation. Reneworg is missing critical policies such as a whistleblower policy and does not provide board meeting minutes publicly. These gaps could impact perceptions of transparency and governance, suggesting areas for improvement despite the overall positive financial assessment.

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

Reneworg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reneworg 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: $372,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.renew.org