Marine Science Foundation Inc

Charity Navigator Rating: 45%

Marine Science Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, particularly in board independence and the absence of essential policies such as conflict of interest and whistleblower protections.

Despite a 100% program expense ratio, which suggests that all of its expenses are directed towards its programs, the lack of independent board members and financial transparency is alarming. The organization has failed to provide financial statements and has not made its tax forms available on its website, raising questions about its governance and accountability standards.

While the foundation appears to be focused on its mission, the absence of critical oversight measures and the existence of liabilities that exceed assets present serious limitations. Stakeholders and potential donors may want to carefully consider these factors before engaging with the organization.

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

Marine Science Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Science Foundation 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: $348,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,908

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Official website here: www.marinesciencefoundation.com