Tba Fund Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with a score of 73%. This rating indicates that while Tba Fund Inc demonstrates some strengths in accountability and financial practices, there are significant areas needing enhancement. The charity has a good percentage of independent board members and a favorable program expense ratio, suggesting that a large portion of its funds is directed toward its mission-related activities.

However, the organization has notable deficiencies, particularly in terms of financial transparency. The absence of financial statements and the lack of a posted tax form on its website raise concerns about its overall accountability. Additionally, missing policies such as a whistleblower policy and document retention and destruction policy further highlight the need for improved governance practices within the organization.

While the strong commitment to independent oversight and a low liabilities to assets ratio are commendable, the lack of essential financial disclosures and operational policies may limit trust from potential donors. Addressing these gaps could enhance the organization’s standing and effectiveness in fulfilling its mission.

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

Tba Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tba Fund 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: $0

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Official website here: www.tbafund.com