Hanlin Foundation

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The Hanlin Foundation has been assigned a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which raises potential governance issues. Additionally, critical governance policies such as those addressing conflicts of interest and whistleblowing are absent, which could affect transparency and ethical oversight.

On a positive note, the foundation's program expense ratio is commendable at 90.28%, suggesting that a significant portion of its funding is directed toward its charitable programs rather than administrative costs. This indicates a commitment to its mission and effective use of resources in serving its beneficiaries. Furthermore, there are no liabilities reported, highlighting a solid financial position in that regard.

However, the lack of available financial statements and missing documentation on its website diminishes trust and accountability. Potential donors and supporters should consider these factors when evaluating the foundation's overall impact and credibility, as these limitations could hinder its ability to maintain transparency with stakeholders.

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

Hanlin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanlin 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,701

For more financial information, click here

Official website here: www.hanlinacademy.co