Beverly Bootstraps earns 4-star rating from Charity Navigator
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Beverly Bootstraps’ strong financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator.
Since 2002, using objective analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These Accountability & Transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders.
On June 1, 2016, Charity Navigator upgraded its methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiates the financial health of four-star charities.
“Beverly Bootstraps’ exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” said Michael Thatcher, president & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds Beverly Bootstraps to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support Beverly Bootstraps.”
Sue Gabriel, executive director of Beverly Bootstraps, said the organization is proud of its rating.
“It’s important our donors trust that we’re using their donations wisely to help people achieve sustainability and self-sufficiency,” she said. “Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
Beverly Bootstraps’ rating and other information about charitable giving are available free of charge on www.charitynavigator.org.