Hispanic Chamber Education Foundation

Charity Navigator Rating: Two-Star out of Four Star rating, 71%

The Hispanic Chamber Education Foundation has received a rating of "Needs Improvement" from Charity Navigator, indicating that while the organization demonstrates solid accountability and finance practices, there are significant concerns regarding its financial health. With an impressive accountability & finance score of 100%, the foundation excels in governance aspects, including having a fully independent board and comprehensive conflict of interest and whistleblower policies.

However, the foundation faces challenges in its financial metrics, particularly highlighted by a liabilities to assets ratio of 95.72%, which raises red flags about its overall financial stability. Additionally, while the program expense ratio stands at a relatively good 67.01%, indicating that a majority of funds are directed towards programmatic activities, the high liabilities suggest potential sustainability issues in the long term. Overall, the foundation shows strengths in governance but needs to address its financial health for improved ratings.

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

Hispanic Chamber Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Chamber Education Foundation 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: $7,884

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Official website here: www.hispanicfoundation.org