Commonwise Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Commonwise Inc has received a Two-Star rating from Charity Navigator, indicating that the organization needs improvement in several areas. While it scores well on accountability and finance aspects like independent board members and the management of assets, there are significant gaps in policy implementation, particularly concerning whistleblower and document retention policies. These deficiencies may raise concerns about transparency and governance.

The organization demonstrates strengths in managing its program expenses effectively, with a perfect score in that area. Additionally, they have maintained a solid liabilities-to-assets ratio, suggesting a level of financial stability. However, the lack of an independent board size score indicates potential issues with governance that could impact their operations and effectiveness.

Overall, while Commonwise Inc has positive aspects, such as strong accountability measures and financial ratios, the areas needing attention, particularly in policies and board independence, should be addressed to enhance overall trust and efficacy in their mission.

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

Commonwise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwise 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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Official website here: www.commonwise.org