Wyang Legacy Foundation

Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)

The Wyang Legacy Foundation has been rated with a low score of 40%, resulting in a Zero-Star designation on Charity Navigator. This rating indicates serious concerns regarding the organization's accountability and financial practices. While the foundation has a fully independent board and score well on certain governance aspects, including conflict of interest policies and material diversion of assets, it falls short in critical areas such as having a whistleblower policy and a document retention policy.

Strengths of the organization include the presence of a majority independent board and the proper documentation of board meeting minutes. However, the lack of essential policies and transparency measures, such as posting tax forms on its website, raises significant red flags. The program expense ratio is also a concern, sitting at 47.50%, which may indicate inefficiencies in how funds are allocated towards actual programs versus administrative costs.

Overall, while the Wyang Legacy Foundation demonstrates some positive governance features, the glaring deficiencies in transparency and financial accountability suggest potential risks for donors and stakeholders. Addressing these issues would be crucial for improving its rating and overall effectiveness in fulfilling its mission.

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

Wyang Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyang Legacy 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: $0

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