Buddy System Mia Inc

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Buddy System Mia Inc has received a low rating of 52%, reflecting significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members, which raises questions about governance and oversight. Additionally, the lack of key policies such as conflict of interest and whistleblower protections further diminishes its accountability.

On a positive note, the organization demonstrates a 100% program expense ratio, indicating that all of its expenditures are directed toward its programs rather than administrative costs. However, the absence of financial statements and documentation, including board meeting minutes, suggests a lack of transparency, which is a critical indicator for potential donors and stakeholders.

Overall, while Buddy System Mia Inc shows commitment to its mission through program spending, the deficiencies in governance and transparency significantly undermine its rating and raise concerns about its operational integrity.

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

Buddy System Mia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buddy System Mia 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: $144,006

For more financial information, click here