Hutchins Street Square Foundation

Charity Navigator Rating: 20%, Zero-Star out of Four Star rating.

The Hutchins Street Square Foundation has received a low rating due to significant issues in its accountability and financial practices. With a score of only 20%, the organization shows a lack of independent board members and deficiencies in key policies, such as the absence of a conflict of interest policy and a whistleblower policy. These shortcomings contribute to the organization's overall poor standing in governance and transparency.

Despite these issues, the foundation does have some strengths, including the absence of any material diversion of assets, indicating that funds are being used appropriately. Additionally, the organization has a document retention policy in place, which demonstrates some level of administrative order. However, the failure to document board meeting minutes and to post its tax form on its website raises further concerns about transparency.

Overall, the Hutchins Street Square Foundation's rating reflects significant governance weaknesses that potential donors and supporters should consider. While there are positive elements regarding asset management, the lack of independent oversight and essential policies could hinder the organization's ability to operate effectively and earn trust within the community.

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

Hutchins Street Square Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hutchins Street Square 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

For more financial information, click here

Official website here: www.hutchinsstreetsquare.com