Access Foundation Corp

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (62%)

Access Foundation Corp has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 62%. While the organization demonstrates strong governance with 100% independent board members and effective policies in place for conflict of interest and document retention, it falls short in other critical areas. The lack of financial statements and the unavailability of the nonprofit's tax form on its website were significant factors affecting its overall accountability score.

The foundation boasts a program expense ratio of 100%, indicating that all of its expenditures are directed towards programs, which is a notable strength. However, the high liabilities to assets ratio of 111.05% raises concerns about the organization's financial stability. Additionally, the absence of a whistleblower policy suggests that there may be gaps in risk management and accountability practices.

Overall, while Access Foundation Corp exhibits some solid governance practices, it will need to address its financial reporting and transparency issues to improve its rating and build greater trust with its stakeholders.

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

Access Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Access Foundation Corp 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: $173,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,936

For more financial information, click here

Official website here: www.accessfah.org