Second Year Annapolis-Based Nonprofit Recognized for Sound Fiscal Management
Annapolis, MD – Today, Chesapeake Conservancy announced that Charity Navigator, America's largest, most utilized, independent evaluator of charities, awarded the Annapolis-based nonprofit with the coveted 4-star rating for sound fiscal management and commitment to accountability and transparency for the second consecutive year.
From a letter from Charity Navigator’s President & CEO Michael Thatcher, “We are proud to announce Chesapeake Conservancy has earned our second consecutive 4-star rating. This is our highest possible rating and indicates that your organization adheres to sector best practices and executes its mission in a financially efficient way. Attaining a 4-star rating verifies that Chesapeake Conservancy exceeds industry standards and outperforms most charities in your area of work. Only 31% of the charities we evaluate have received at least 2 consecutive 4-star evaluations, indicating that Chesapeake Conservancy outperforms most other charities in America. This exceptional designation from Charity Navigator sets Chesapeake Conservancy apart from its peers and demonstrates to the public its trustworthiness.”
“We couldn’t be prouder of our second 4-star rating from Charity Navigator,” said Chesapeake Conservancy President and CEO Joel Dunn. “We work hard to ensure donations from our generous supporters make the most impact on the ground, helping to restore the health of the Chesapeake Bay.”
“The most recent score and rating places Chesapeake Conservancy with an overall score of 96.93 out of 100 points and 100 for accountability and transparency,” said Chesapeake Conservancy Director of Development Melissa Ehrenreich. “The rating indicates that the Conservancy executes its missions in a fiscally responsible way while adhering to good governance and other best practices to ensure we maximize our donor investments to achieve lasting impacts. Thank you to our generous supporters for helping us to realize this goal for the second consecutive year.”