Archie Tonge Education Fund

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 71%)

The Archie Tonge Education Fund has received a two-star rating from Charity Navigator, indicating that it requires improvements in certain areas of its operations. With a score of 71%, the organization demonstrates a solid commitment to accountability and financial health, particularly highlighted by its perfect scores in areas such as board independence, material diversion of assets, and the absence of liabilities relative to its assets.

The organization excels in maintaining a majority independent board and consistently documents board meeting minutes, reflecting strong governance practices. Additionally, it has a favorable program expense ratio of approximately 71%, suggesting that a significant portion of its funds is directed towards its educational initiatives. However, the overall rating implies that there are areas where the organization could enhance its performance or transparency.

While the Archie Tonge Education Fund has established a strong foundation in governance and financial management, the two-star rating serves as a reminder for stakeholders to look for ongoing improvements and to monitor the organization's progress in achieving higher standards of accountability and effectiveness.

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

Archie Tonge Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archie Tonge Education Fund 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: $43,486
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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