Combat Diver Foundation

Charity Navigator Rating: 30%

The Combat Diver Foundation has received a rating of 30%, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial management. A particularly notable issue is the lack of independent board members, which raises questions about governance and oversight. Additionally, the absence of a conflict of interest policy is a critical shortfall in maintaining transparency and ethical standards.

While the foundation does have a whistleblower policy and follows proper document retention practices, it lacks essential elements such as publicly available board meeting minutes, which could contribute to accountability. The foundation's liabilities to assets ratio is also concerning, suggesting potential financial risks. The program expense ratio, while not ideal at under 50%, indicates that less than half of its expenditures are allocated directly to its programs.

Overall, the Combat Diver Foundation faces significant challenges in governance and financial practices as noted by its low score on Charity Navigator. Stakeholders and potential donors may want to consider these factors when evaluating the organization's effectiveness and reliability.

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

Combat Diver Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Combat Diver Foundation 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,510

For more financial information, click here

Official website here: www.combatdiver.org