Chinese American Heritage Foundation In

Charity Navigator Rating: 68% (Two-Star out of Four Star rating)

The Chinese American Heritage Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance primarily based on its accountability and finance metrics. The average score for the organization revolves around its financial operations, suggesting that while there are some strengths, there are also notable areas that could benefit from improvement.

Strengths of the foundation include having a fully independent board and no evidence of material diversion of assets, both of which reflect strong governance practices. Their program expense ratio is impressive at 96.53%, indicating that a significant portion of their funding is directed toward program services rather than administrative costs. Additionally, the foundation has implemented crucial policies, such as conflict of interest and board meeting documentation.

However, the foundation's score is tempered by concerning financial indicators, particularly its liabilities to assets ratio, which stands at 2094.81%, potentially signaling issues related to financial stability. Moreover, the lack of a whistleblower policy and document retention protocol are areas for improvement that could enhance their governance framework and transparency. Overall, while the foundation demonstrates strong governance practices, it faces challenges in financial stability that merit attention.

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

Chinese American Heritage Foundation In is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese American Heritage Foundation In submitted a form 990EZ, 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.

Official website here: www.cahf.us