Oral Lee Brown Foundation

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

The Oral Lee Brown Foundation has received a rating of two stars from Charity Navigator, indicating a need for improvement with a score of 67%. While the organization demonstrates strong accountability with 92% of its board members being independent and maintains a high program expense ratio of 96.82%, there are significant shortcomings in transparency and governance structures.

The foundation's financial statements are notably absent, contributing to a lack of clarity regarding its financial health and activities. Additionally, there are several missing policies such as conflict of interest and whistleblower policies, which are essential for good governance and ethical management. The absence of these documents detracts from the organization’s overall accountability and could raise concerns for potential donors.

Despite these challenges, the foundation has shown no material diversion of assets and maintains a favorable liabilities to assets ratio of 0.00%, indicating sound financial management in that regard. However, the lack of accessible documentation and policies necessitates improvement to enhance trust and accountability with supporters and the public.

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

Oral Lee Brown Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oral Lee Brown 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: $51,773

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