S T Li Foundation A Nj Nonprofit Corporation

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

The S T Li Foundation holds a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The organization demonstrates strong governance elements, such as having a majority independent board and no material diversion of assets. Notably, it maintains an impressive program expense ratio of 96.14%, reflecting a commitment to its mission.

However, the foundation's rating is hindered by several gaps in its policies and transparency. Key documents, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, are missing. Additionally, the foundation has not posted its tax form or provided a website link on its tax documentation, which are important for public trust and accountability.

While the foundation's financial health appears stable, evidenced by a 0.00% liabilities to assets ratio, the absence of essential governance policies could affect stakeholder confidence. Addressing these deficiencies could significantly enhance the foundation's rating and public perception.

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

S T Li Foundation A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. S T Li Foundation A Nj Nonprofit Corporation 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

For more financial information, click here