Detective Mark Harmon Memorial Foundation A Nj Nonprofit Corporation

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Detective Mark Harmon Memorial Foundation has received a moderate rating, reflecting its performance in accountability and finance. While the foundation scores well in several areas such as board independence and management of assets, it falls short in transparency measures, which impacts its overall rating.

The foundation has a fully independent board and demonstrates strong management of its finances, indicated by a favorable liabilities to assets ratio and program expense ratio. However, the lack of a conflict of interest policy, whistleblower policy, and inadequate documentation practices are significant areas of concern. These limitations suggest that while the organization is structured well, there are gaps in governance that need to be addressed for improved trust and transparency.

Overall, the foundation has solid financial practices but needs to enhance its accountability measures to boost its rating. Implementing better transparency practices could help improve stakeholder confidence and potentially lead to a higher rating in the future.

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

Detective Mark Harmon Memorial Foundation A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detective Mark Harmon Memorial Foundation A Nj Nonprofit Corporation 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

For more financial information, click here