United Way Executive Director Kristy Ortega during a recent presentation to the Rotary Club of Los Alamos. Photo by Carol A. Clark/ladailypost.com
United Way of Northern New Mexico (UWNNM) have earned a 4-star rating for the fifth time in a row from Charity Navigator, America’s largest independent charity evaluator.
Since 2002, using data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added a second dimension of Accountability and Transparency (A&T) to its rating methodology, and now reviews 17 governance and ethical practices as well as measures of openness, providing information on its web site for each of the charities it evaluates.
The A&T 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.
“United Way of Northern New Mexico’s coveted 4-star rating puts it in a very select group of high-performing charities,” said President/CEO Ken Berger of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars – a rating that, now, with our new Accountability and Transparency metrics, demands even greater rigor, responsibility and commitment to openness. UWNNM supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
UWNNM Executive Director Kristy Ortega said, “In the current economic environment, it’s important our donors trust that we’re using our funding wisely to continue to engage human and financial resources to improve the quality of life of the people in the communities we serve in Northern New Mexico. Our 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously.”