The Great Tao Foundation Of America

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

The Great Tao Foundation Of America has received a 50% rating from Charity Navigator, indicating a significant area for improvement in accountability and finance. The organization lacks independent board members, which is a critical factor in governance. Furthermore, several essential policies and documentation practices, such as a conflict of interest policy and board meeting minutes, are missing, which raises concerns about transparency and oversight.

On a more positive note, the foundation has managed to maintain a strong program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. Additionally, there are no recorded material diversions of assets, indicating that the organization is managing its resources responsibly in that regard. However, the absence of necessary governance policies and independent oversight could undermine its overall effectiveness.

Overall, while The Great Tao Foundation Of America demonstrates a commendable focus on program spending, the lack of transparency and accountability measures significantly detracts from its overall evaluation. Prospective donors and supporters may want to consider these factors when assessing the organization's reliability and effectiveness.

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

The Great Tao Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Great Tao Foundation Of America 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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