Friends Of Africa

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Friends Of Africa achieved a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance, with an overall score driven by a comprehensive evaluation of its governance practices. Specifically, the organization received a high Accountability & Finance score of 81%, indicating a commitment to transparency and responsible financial management.

The charity demonstrates strong governance with an independent board, scoring a perfect 8 out of 8 points for having a majority of independent board members. Additionally, it has effective policies in place, including conflict of interest and whistleblower policies, which contribute to a culture of integrity and accountability. The organization also maintains a robust program expense ratio of 95.68%, indicating that most of its funding is directed towards its programs rather than administrative costs.

While the ratings are favorable, it is essential to note that the overall score is based solely on the Accountability & Finance beacon, which may limit insights into other critical areas such as impact and effectiveness. However, the absence of material diversion of assets and a low liabilities to assets ratio highlight the organization's financial health and responsible stewardship of resources.

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

Friends Of Africa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Africa 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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Official website here: www.thefriendsofafrica.org