Ss Peter & Paul Catholic School Endowment Fund

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Ss Peter & Paul Catholic School Endowment Fund has received a 73% rating, indicating some strengths in its accountability and financial practices. The organization boasts a fully independent board with 10 members, and it has a strong program expense ratio of 99.60%, indicating that the majority of its expenses go directly towards its programs. Additionally, the absence of material diversion of assets shows a good level of financial integrity.

However, the organization exhibits significant weaknesses in its governance policies. It lacks critical documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for ensuring transparency and accountability. Furthermore, the fund has not posted its tax form on its website, which can hinder transparency for potential donors and stakeholders.

Overall, while the Ss Peter & Paul Catholic School Endowment Fund demonstrates effective financial management and board independence, it needs to enhance its governance practices to boost its overall rating and trustworthiness among supporters.

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

Ss Peter & Paul Catholic School Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ss Peter & Paul Catholic School Endowment Fund 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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