(More)Īudited financial statements provide important information about financial accountability and accuracy. In this case, we deduct 15 points from the charity's Accountability and Transparency score.Īudited Financials Prepared by Independent Accountant. No Credit: There has been a diversion of assets within the last two years and the charity's explanation on Schedule O is either non-existent or not sufficient.In this situation, we deduct 7 points from the charity's Accountability and Transparency score. Partial Credit: There has been a diversion of assets within the last two years and the charity has used Schedule O on the Form 990 to explain: the nature of the diversion, the amount of money or property involved and the corrective action taken to address the matter.This metric will be assigned to one of the following categories:įull Credit: There has been no diversion of assets within the last two years. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. (More)Ī diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. Our analysts check the Form 990 to determine if the independent Board members are a voting majority and also at least five in number.
(More) The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. Is this your nonprofit? Access your Star Rating Portal to submit data and edit your profile. World Wildlife Fund is a 501(c)(3) organization, with an IRS ruling year of 1991, and donations are tax-deductible. We recognize the critical relevance of human numbers, poverty and consumption patterns to meeting these goals.
We are committed to reversing the degradation of our planet's natural environment and to building a future in which human needs are met in harmony with nature.
Using the best available scientific knowledge and advancing that knowledge where we can, we work to preserve the diversity and abundance of life on Earth and the health of ecological systems by: protecting natural areas and wild populations of plants and animals, including endangered species promoting sustainable approaches to the use of renewable natural resources and promoting more efficient use of resources and energy and the maximum reduction of pollution. (More) Founded in 1961, World Wildlife Fund's (WWF) mission is the conservation of nature. Using the best available scientific knowledge and advancing that knowledge where. Mission: Founded in 1961, World Wildlife Fund's (WWF) mission is the conservation of nature.