Difference between revisions of "Internal:Audit/External evaluators of nonprofits"

From Wikimedia District of Columbia
Jump to navigation Jump to search
(extended and enriched list of evaluators)
(copyedits)
Line 7: Line 7:
 
* '''BBB Wise Giving Alliance''' evaluates charities "based on governance and oversight information, mission effectiveness, financial data and fundraising practices."<ref name=aa>Janna Finch. [http://able-altruist.softwareadvice.com/survey-do-watchdog-ratings-impact-giving-0714/ Survey: Do Ratings From Watchdog Groups Impact Giving Decisions?] ''The Able Altruist'' web site. 9 July 2014.</ref> BBB stands for Better Business Bureau.
 
* '''BBB Wise Giving Alliance''' evaluates charities "based on governance and oversight information, mission effectiveness, financial data and fundraising practices."<ref name=aa>Janna Finch. [http://able-altruist.softwareadvice.com/survey-do-watchdog-ratings-impact-giving-0714/ Survey: Do Ratings From Watchdog Groups Impact Giving Decisions?] ''The Able Altruist'' web site. 9 July 2014.</ref> BBB stands for Better Business Bureau.
 
* '''Great Nonprofits''' evaluates charities "based on user reviews."<ref name=aa/>
 
* '''Great Nonprofits''' evaluates charities "based on user reviews."<ref name=aa/>
* '''Independent Charities of America''': "Evaluation is based on financial statements, Form 990 and governance information." Charities may the authorized to display a seal, and must pay membership fees to do so.<ref name=aa/>
+
* '''Independent Charities of America''': "Evaluation is based on financial statements, Form 990 and governance information." Charities paying membership fees may be authorized to display a seal (image) from the ICA.<ref name=aa/>
 
* '''CharityWatch''': "Evaluation is based on the charity’s annual report, audited financial statements and Form 990." "CharityWatch [is a] membership organization [which] selects about 600 charities to evaluate each year based on the interests of its members, and tends to focus on charities with more than $1 million in annual revenue."<ref name=aa/>
 
* '''CharityWatch''': "Evaluation is based on the charity’s annual report, audited financial statements and Form 990." "CharityWatch [is a] membership organization [which] selects about 600 charities to evaluate each year based on the interests of its members, and tends to focus on charities with more than $1 million in annual revenue."<ref name=aa/>
 
* '''Charities Review Council''': "Evaluation is based on public disclosure, governance and financial activity and fundraising benchmarks. The evaluated charities pay an annual fee.<ref name=aa/>
 
* '''Charities Review Council''': "Evaluation is based on public disclosure, governance and financial activity and fundraising benchmarks. The evaluated charities pay an annual fee.<ref name=aa/>

Revision as of 21:21, 11 June 2016

Workspace: Audit

Several institutions evaluate not-for-profit organizations. For future reference we list them here and track a bit of what they have to say, if anything, about the WMF and Wikimedia DC. This material may be more relevant to WMDC Governance than to Audit but they share workspaces in essence.

  • Charity Navigator evaluates 8000 organizations as of mid-2016, scoring them on financial health, accountability, and cost-efficiency.[1] Their valuation "is based on seven years of Forms 990."[2] Their past evaluations of the WMF give scores between 86 and 96 on a scale of 0-100, which translates to three or four stars. A peculiarity is that they classify the WMF as a research organization, not an educational one. They do not evaluate Wikimedia DC. They include some public comments on the organizations by Web visitors to their own site.
  • BBB Wise Giving Alliance evaluates charities "based on governance and oversight information, mission effectiveness, financial data and fundraising practices."[2] BBB stands for Better Business Bureau.
  • Great Nonprofits evaluates charities "based on user reviews."[2]
  • Independent Charities of America: "Evaluation is based on financial statements, Form 990 and governance information." Charities paying membership fees may be authorized to display a seal (image) from the ICA.[2]
  • CharityWatch: "Evaluation is based on the charity’s annual report, audited financial statements and Form 990." "CharityWatch [is a] membership organization [which] selects about 600 charities to evaluate each year based on the interests of its members, and tends to focus on charities with more than $1 million in annual revenue."[2]
  • Charities Review Council: "Evaluation is based on public disclosure, governance and financial activity and fundraising benchmarks. The evaluated charities pay an annual fee.[2]
  • GuideStar Exchange: "Evaluation is based on an audited financial report, impact report and other organization information."[2]
  • GiveWell[1]

References

  1. 1.0 1.1 Ann Carrns. Charity Navigator Tweaks Its Rating System. New York Times. 27 May 2016.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Janna Finch. Survey: Do Ratings From Watchdog Groups Impact Giving Decisions? The Able Altruist web site. 9 July 2014.