For the third year in a row, Charity Navigator, the nation’s leading evaluator of nonprofit organizations’ financial performance, has awarded San Francisco Baykeeper its top 4-star rating for our effective use of resources in pursuing our mission to protect and restore San Francisco Bay.
Only 11% of the charities rated by Charity Navigator have received at least three consecutive 4-star evaluations. “This ‘exceptional’ designation from Charity Navigator differentiates San Francisco Baykeeper from its peers and demonstrates to the public it is worthy of their trust,” wrote Charity Navigator President and CEO Ken Berger, in a letter announcing the rating.
“Baykeeper is dedicated to protecting the Bay in the most effective ways possible, and that includes using our resources efficiently,” said Deb Self, Baykeeper Executive Director. “We’re honored to be among the few nonprofits to receive a third top rating from Charity Navigator, and proud to be recognized for providing a sound investment in a healthy San Francisco Bay.”
In his letter announcing Baykeeper’s third top rating, Charity Navigator CEO Berger also wrote that it indicates that “your organization adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way.”
Using data-driven analysis, Charity Navigator awards only the most fiscally responsible organizations a 4-star rating. The rating is based on criteria that include fundraising efficiency, revenue growth, and percentage spent on program costs. Charity Navigator also checks for good governance practices, such as having independent voting board members and financials that are audited by an independent accountant. Charities earning four stars have “best practices” that minimize the chance of unethical activities and freely share basic information about their organization with their donors and other stakeholders.