Bfdi Educational Service Inc

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

Bfdi Educational Service Inc has received a two-star rating, indicating that while the organization shows some strengths, there are significant areas in need of improvement. The organization has a complete majority of independent board members, contributing positively to its governance structure. Additionally, it has a solid program expense ratio of 80.64%, which suggests that a substantial portion of its expenditures is directed toward its programs.

However, the nonprofit faces notable shortcomings in its accountability and financial practices. It has received zero points in key areas such as the absence of financial statements and missing policies for whistleblower protection and document retention. These gaps could raise concerns regarding transparency and the overall management of the organization, impacting its credibility among donors and stakeholders.

Overall, while Bfdi Educational Service Inc demonstrates effective program spending and strong governance through an independent board, the lack of essential financial documentation and policies weakens its rating and suggests that improvements are necessary to enhance accountability and transparency.

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

Bfdi Educational Service Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bfdi Educational Service 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: $2,538,340

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Official website here: www.bfdieducationalservices.org