The Phelps Foundation

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

The Phelps Foundation has received a low rating of 40% from Charity Navigator, which reflects significant concerns regarding its accountability and financial practices. While the organization excels in areas such as having a fully independent board and maintaining proper documentation practices, it falls short in crucial areas like the liabilities to assets ratio and the program expense ratio, indicating potential financial instability and inefficiency in fund utilization.

The foundation has been noted for missing critical governance policies, including a Conflict of Interest Policy and a Whistleblower Policy, which are essential for transparency and accountability. Additionally, the absence of the organization's website information on tax forms raises further concerns about its communication and outreach efforts.

Overall, while The Phelps Foundation demonstrates strengths in governance structure, the significant gaps in financial management and policy implementation contribute to its unfavorable rating, suggesting potential risks for donors and stakeholders who seek to invest in trustworthy nonprofit organizations.

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

The Phelps Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Phelps 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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