86Waste

Charity Navigator Rating: 39%

86Waste has received a 39% rating from Charity Navigator, which translates to a Zero-Star out of Four Star rating. This low score indicates significant shortcomings in the organization's accountability and financial practices. The absence of independent members on the board, along with missing conflict of interest and whistleblower policies, raises concerns about governance and transparency.

Despite some positive aspects, such as a material diversion of assets being noted and a strong liabilities to assets ratio, key areas of financial management remain troubling. The program expense ratio of 56.76% shows that slightly over half of their expenses are directed toward programs, which could be improved. The organization must address its governance practices to enhance its accountability.

Potential donors should be cautious, as the lack of policies and independent oversight may pose risks. The charity does show good documentation practices regarding board meeting minutes, but without significant improvements in governance and financial transparency, its overall rating suggests a need for considerable reform.

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

86Waste is a legitimate nonprofit organization registered as a 501(c)(3) entity. 86Waste 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.86waste.org