ProLiteracy Earns Second Consecutive 4-Star Rating from Charity Navigator
SYRACUSE, N.Y., July 10, 2018 /PRNewswire-PRWeb/ -- ProLiteracy has received a second consecutive 4-star rating from Charity Navigator, America's largest and most-utilized independent evaluator of charities. This recognition demonstrates ProLiteracy's deep commitment to nonprofit transparency and accountability.
"ProLiteracy's coveted 4-star rating puts it in a very select group of high-performing charities," according to Michael Thatcher, president & CEO of Charity Navigator. "This is our highest possible rating and indicates that ProLiteracy adheres to sector best practices and executes its mission in a financially efficient way. Only 30 percent of the charities we evaluate have received at least two consecutive 4-star evaluations, indicating that ProLiteracy outperforms most other charities in America. This exceptional designation from Charity Navigator sets ProLiteracy apart and demonstrates to the public its trustworthiness."
"The nonprofit sector is advancing and expanding. Astute donors are yearning for greater accountability, transparency, and for concrete results from us," said Kevin Morgan, president and CEO of ProLiteracy. "Our second consecutive 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously. This rating underscores that the majority of our funding is returned to the field to support our mission. We share a wealth of up-to-date information about our work to our supporters, grant makers, individual donors, and the media. We make our financial reports freely available. You can see more at http://www.proliteracy.org "
Since 2002, using objective, data-driven 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 have "best practices" that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
About ProLiteracy
ProLiteracy is the leading resource and champion for adult education and literacy worldwide. ProLiteracy is committed to creating a world in which all adults are literate. ProLiteracy has 1,000 member programs in all 50 states and the District of Columbia and works with 52 nongovernmental organizations in 34 developing countries. For more information about ProLiteracy, please visit http://www.proliteracy.org
About Charity Navigator
Charity Navigator, http://www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America's charitable givers. Charity Navigator can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.
SOURCE ProLiteracy Worldwide
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