Chris Borton Memorial Scholarship Fund Inc

Charity Navigator Rating: 53%, One-Star out of Four Stars

The Chris Borton Memorial Scholarship Fund Inc has received a low rating of 53% from Charity Navigator, which indicates significant concerns regarding its governance and financial practices. The rating is derived solely from the Accountability & Finance beacon, highlighting the charity's weaknesses in key areas such as board independence and policy documentation.

One notable strength is the charity's program expense ratio of 83.60%, suggesting that a substantial portion of its resources is directed toward its mission-related activities. However, the charity lacks an independent board, and no independent members are noted, which could raise concerns about effective oversight. Additionally, several essential policies, including conflict of interest and whistleblower protections, are missing, indicating potential gaps in governance.

While the charity does not have any reported material diversion of assets, its overall lack of adherence to best practices in financial accountability and board independence may hinder its effectiveness and trustworthiness. Stakeholders may want to consider these factors when evaluating the organization's impact and reliability.

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

Chris Borton Memorial Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chris Borton Memorial Scholarship 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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