Renaissance Parents Of Success

Charity Navigator Rating: 49% (Zero-Star out of Four Star rating)

Renaissance Parents Of Success has received a score of 49%, reflecting significant concerns regarding its accountability and financial practices. The organization has not achieved any independent board members, which raises red flags about governance and oversight. Despite some strengths, such as having no material diversion of assets and a good liabilities to assets ratio, the lack of independent oversight is a critical weakness.

The financial oversight mechanisms in place, including an audit and oversight committee, are positive attributes. However, the charity is missing essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are important for ensuring transparency and accountability. Furthermore, critical documentation such as board meeting minutes and the posting of the tax form on its website is absent, which diminishes trust in the organization.

Overall, while Renaissance Parents Of Success shows some financial management strengths, the absence of independent board members and various missing policies and documents severely impacts its accountability and governance rating. The charity will need to address these issues to improve its standing and instill greater confidence among stakeholders.

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

Renaissance Parents Of Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Parents Of Success 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

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