Verbalife Inc

Charity Navigator Rating: 63% (Two-Star out of Four Star rating)

Verbalife Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance primarily assessed through its Accountability & Finance metrics. The organization has strengths in areas such as having a majority of independent board members, a good liabilities to assets ratio, and a complete program expense ratio. These factors suggest a solid financial groundwork and effective governance practices in some areas.

However, the rating also highlights significant limitations, particularly in compliance and transparency. The absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about governance practices. Additionally, the nonprofit has not listed its website on tax forms or posted its tax documents on its website, which detracts from its overall accountability.

Overall, while Verbalife Inc demonstrates strengths in certain financial metrics and governance areas, its lack of essential policies and transparency measures significantly impacts its rating. Stakeholders may want to consider these limitations when evaluating the organization's effectiveness and commitment to best practices in nonprofit management.

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

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

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