Cherokee Co Educational Foundation

Charity Navigator Rating: 29%

The Cherokee Co Educational Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is derived solely from a low Accountability & Finance score, which highlights possible risks in how the organization manages its finances and transparency.

Despite having an independent board comprised entirely of independent members, the foundation has notable deficiencies in its financial reporting. Specifically, it scored zero points for financial statements and a low program expense ratio of 47.19%, raising questions about how effectively funds are being utilized for its intended educational purposes. Additionally, the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy further detracts from its credibility.

While the foundation lists its website on its tax form and maintains adequate board meeting minutes, the lack of comprehensive financial documentation and policies indicates a need for improvement in governance and transparency. Stakeholders and potential donors may want to consider these factors carefully before engaging with or supporting the organization.

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

Cherokee Co Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherokee Co Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,240

For more financial information, click here

Official website here: www.cherokeecountyeducationalfoundation.or