Children's Scholarship Fund Philadelphia earned a perfect score from Charity Navigator - Generocity Philly

Results

Jan. 5, 2017 11:59 am

Children’s Scholarship Fund Philadelphia earned a perfect score from Charity Navigator

The education nonprofit's rating is in the top 0.6 percent of 8,000 organizations rated on the site for its financial strength, accountability and transparency.

Cause for celebration.

(Photo via facebook.com/csfphiladelphia/)

Center City-based education nonprofit Children’s Scholarship Fund Philadelphia (CSFP) was one of only 50 organizations to earn a perfect score from Charity Navigator this year.

The nonprofit watchdog rates organizations based on how financially strong, accountable and transparent they are, according to Marketing VP Sandra Miniutti.

To earn a perfect score, nonprofits must include certain information on their profiles, including high program expense percentage, or the “percent of the charity’s total expenses spent on the programs and services it delivers” (CSFP’s is 91.9 percent), and a listing of the CEO’s name and salary (CSFP’s executive director, Ina Lipman, made $164,065 in 2014).

Charity Navigator currently rates over 8,000 charities, putting CSFP’s rating in the top 0.6 percent, Miniutti said. 

Check out that gorgeous profile

Now, we’ve written a bit about overhead — or, more specifically, the “overhead myth” — and know well enough that a nonprofit’s impact is not tied to the ratio of how much it spends on programs compared to operations. Charity Navigator itself contributed to a letter on the topic with two other nonprofit evaluation sites. But it’s worth celebrating that CSFP has apparently embraced the tenet of transparency enough to be honored for it on a national scale.

From our Partners

-30-
LEAVE A COMMENT

From our Partners

Want to spend more time on mission and less on chasing paperwork? Here’s a tool, says Project HOME

Leadership transitions — is your nonprofit ready?

Immigrants in Philadelphia, we get the job done

SPONSORED

Generocity Philly

PA Humanities Council helps communities reclaim their stories

Malvern, PA

People's Light

Major Gift Officer

Apply Now
Philadelphia, PA

ASAP/After School Activities Partnerships

ASAP Debate Coordinator

Apply Now

Open letter to city council candidates: City and nonprofits have nuanced partnership

These are the questions you should be asking about your nonprofit’s management

Beware that your relationship with donors isn’t sabotaged by unconscious bias

SPONSORED

Generocity Philly

Nonprofits and startups can win up to $360K at the WeWork Creator Awards

Philadelphia, PA

ASAP/After School Activities Partnerships

ASAP Chess Coordinator

Apply Now
Manayunk, Philadelphia, PA

Starfinder Foundation

Business Development Manager

Apply Now
Philadelphia, PA

SquashSmarts Inc.

Director of Development & Events

Apply Now

Sign-up for daily news updates from Generocity