Toyei Industries Inc

Charity Navigator Rating: 49% (Zero-Star out of Four Star rating)

Toyei Industries Inc has received a low rating of 49% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The score, which is solely based on accountability and finance, suggests that the organization may not be managing its resources effectively. The lack of independent board members and inadequate financial statements contribute to the poor rating, raising flags about transparency and governance.

While the organization scored well in areas like material diversion of assets and program expense ratio, it lacks essential components such as a robust independent board and publicly accessible financial documents. This suggests that while Toyei Industries may be operational, there are critical improvements needed in its governance structure and financial reporting.

Overall, potential donors and supporters should consider the implications of the Zero-Star rating and the significant areas in need of improvement, particularly in transparency and accountability practices. Without these essential elements, trust in the organization’s management of funds and mission efficacy may be compromised.

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

Toyei Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toyei Industries 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: $156,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,543

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