Charity Navigator (https://www.charitynavigator.org) is a website dedicated to providing information regarding not-for-profit charitable organizations. After reviewing the website, explain how not-for-profit organizations are rated. Explain why there is a need for the type of information provided by Charity Navigator. Choose one to two charities listed in the website. Explain the information provided about the charity (financial and nonfinancial), the rating of the charity, and any other relevant factors.
Charity Navigator (https://www.charitynavigator.org) is a website dedicated to providing information regarding not-for-profit charitable organizations. After reviewing the website, explain how not-for-profit organizations are rated. Explain why there is a need for the type of information provided by Charity Navigator. Choose one to two charities listed in the website. Explain the information provided about the charity (financial and nonfinancial), the rating of the charity, and any other relevant factors.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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3. Charity Navigator (https://www.charitynavigator.org) is a website dedicated to providing information regarding not-for-profit charitable organizations.
- After reviewing the website, explain how not-for-profit organizations are rated.
- Explain why there is a need for the type of information provided by Charity Navigator.
- Choose one to two charities listed in the website. Explain the information provided about the charity (financial and nonfinancial), the rating of the charity, and any other relevant factors.
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Introduction
Charitable organizations are those that perform activities to support a charitable cause, these organizations are also referred as not-for-profit organizations as their aims are not generation of profits.
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