Transportation Foundation Of Los An

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The Transportation Foundation of Los Angeles has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. The one-star rating is primarily based on a lack of independent oversight, as evidenced by the absence of independent board members and a low score on financial statement transparency. Key accountability metrics such as conflict of interest and whistleblower policies also scored poorly, suggesting potential governance issues.

Despite these challenges, the organization did achieve full marks in some areas, including the program expense ratio and the ratio of liabilities to assets, which may indicate that the funds that are available are being used efficiently toward their stated mission. However, the lack of independent oversight and transparency in financial reporting raises questions about the overall integrity and sustainability of the organization.

In summary, while the foundation demonstrates some strengths in financial management, the significant weaknesses in governance and accountability overshadow these positives. Prospective donors and stakeholders should approach with caution and consider these factors carefully before engaging with the organization.

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

Transportation Foundation Of Los An is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transportation Foundation Of Los An 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: $275,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,032

For more financial information, click here

Official website here: www.tfla.us