My Nonprofit Reviews
WatchingTheWatchdogs
Review for Charity Navigator, Saddle Brook, NJ, USA
If memory serves, I believe CN became a 501-c-3 in 2012. On March 24, 2013 their website stated that the reason they didn't rate themselves was because they only rate charities that have 5 years of data. On Sept 17, 2014 they changed it to 7 tears of data. It appears CN is avoiding rating themselves because the data would appear to net them a less than stellar rating. One wonders that when the 7 year date nears will they change it to 10 years of data needed?
More Feedback
When was your last experience with this nonprofit?
2015
Thank you for using Charity Navigator's free website and for taking the time to share your feedback. The reason we do not rate ourselves is correct - we haven't operated as a 501 c 3 public charity long enough to qualify for a rating. This is the same standard we apply to all the charities that we rate: http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=32. And I'm sorry you got the impression that we are increasing the number years of data needed in order to somehow avoid rating ourselves. That's not true at all. In fact, we've been working with charities, nonprofit accountants, industry experts, academics and others to upgrade our financial metrics. One idea that everyone agrees on is using 3 year averaging. And knowing that this a change to our methodology that we would be adopting, for several years now we've been collecting at least 7 years of data for each charity that we rate. You can read an update on the proposed changes to our financial metrics on our site here: http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=1964. And, although we do not yet rate ourselves, our financial data is accessible on our site here: http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=931. Please do not hesitate to contact us with any additional questions.
