Alumnae Association Of Mills College

Charity Navigator Rating: 0 stars (47%)

The Alumnae Association Of Mills College has received a low rating of 47% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial performance. While it has a fully independent board and demonstrates good practices in conflict of interest and whistleblower policies, the lack of essential documentation, such as board meeting minutes and the absence of a document retention policy, raises red flags about its governance transparency.

One of the notable strengths of the organization is its strong board independence, with all members meeting the criteria for independence. Furthermore, the association has reported no material diversions of assets, which is a positive indicator of financial integrity. However, the organization faces serious limitations, particularly in its financial management. A program expense ratio of only 5.79% suggests that a minimal portion of its expenses is directed towards programmatic activities, which could be concerning for potential donors looking for impactful contributions.

In summary, while the Alumnae Association Of Mills College has some solid governance features, the overall financial accountability and lack of necessary documentation severely hinder its evaluation. Potential supporters should carefully consider these factors when deciding to engage with or donate to the organization.

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

Alumnae Association Of Mills College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alumnae Association Of Mills College 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: $34,841

For more financial information, click here

Official website here: www.mills.edu/alumnae