David R Kingsley Foundation

Charity Navigator Rating: One-Star out of Four Stars (50%)

The David R Kingsley Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. The organization scores only 50% overall, with a specific focus on areas like board independence, where there are no independent members. This raises questions regarding governance and oversight, which are crucial for maintaining donor trust.

On a more positive note, the foundation demonstrates good financial management in terms of its program expense ratio, with 78.09% of its expenses directed towards programs. Additionally, it has a solid liabilities to assets ratio of 0.00%, showing that it does not have outstanding liabilities, which is a favorable indicator of financial stability. However, the lack of transparency, evidenced by missing policies and documentation, detracts from its overall rating.

Overall, while the foundation has commendable financial metrics, the absence of essential governance practices and transparency mechanisms diminishes its reliability as a nonprofit organization. Potential donors and stakeholders should consider these factors when evaluating their support for the David R Kingsley Foundation.

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

David R Kingsley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. David R Kingsley 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: $0

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