Better Business Bureau Foundation Serving Indiana Inc

Charity Navigator Rating: 61% (Two-Star out of Four Stars)

Better Business Bureau Foundation Serving Indiana Inc has received a Two-Star rating from Charity Navigator, primarily due to its accountability and financial management practices. The charity scored well in several areas, such as having a fully independent board and no material diversion of assets. However, the overall score reflects concerns about governance practices, notably the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy.

The organization does excel in program expenses, indicating that it allocates all of its resources toward its programs effectively. The high program expense ratio shows a commitment to its mission, which is a positive aspect of its operations. Additionally, the foundation maintains transparency by listing its website on tax forms and documenting board meeting minutes.

Despite these strengths, improvements are necessary in governance and financial policies to enhance the charity's rating. Addressing the missing policies could significantly bolster the foundation's accountability, ultimately fostering greater trust among donors and stakeholders.

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

Better Business Bureau Foundation Serving Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Business Bureau Foundation Serving Indiana Inc 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.