Daisy Foundation

Rating from Charity Navigator: Zero-Star out of Four Stars (37%)

The Daisy Foundation received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board and strong performance in several governance metrics, such as having no material diversion of assets and maintaining financial statements with an audit committee, these positives are overshadowed by severe deficiencies in other critical areas.

Notably, the foundation has missing policies for conflict of interest, whistleblower protections, and document retention, which raises questions about its operational integrity. Its financial metrics are particularly troubling, with just 6.76% of expenses allocated to programs and a fundraising efficiency ratio of $0, suggesting that the organization is not effectively utilizing resources to further its mission. This lack of investment in its core activities coupled with the absence of transparency measures can undermine donor trust and overall effectiveness.

Ultimately, while the Daisy Foundation has some strong governance features, the overwhelming financial weaknesses and lack of essential policies present a concerning picture. Potential donors should exercise caution and consider these factors before contributing.

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

Daisy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daisy 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: $512,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,044,509

For more financial information, click here

Official website here: www.daisyfoundation.org