Friends Earns 2 Top Awards for Financial Efficiency

Charity Navigator and GuideStar, two organizations that assess the financial performance of nonprofits, have each given their highest rating to Friends Without A Border.

Charity Navigator, an independent watchdog of U.S.-based charities, awarded Friends a 4-star rating for “demonstrating strong financial health and commitment to accountability and transparency.” Four stars is the highest rating a nonprofit can achieve.

This is the third consecutive year that Friends has attained the 4-star rating.

“Only 22% of the charities we evaluate have received at least three consecutive 4-star evaluations, indicating that Friends Without A Border exceeds industry standards and outperforms most other charities in America,” wrote Charity Navigator President and CEO Michael Thatcher in a May 1 letter to Friends.

“This exceptional designation from Charity Navigator sets Friends Without A Border apart from its peers and demonstrates to the public its trustworthiness.”

Guidestar, the world’s largest source of information about nonprofits, awarded its 2018 Platinum Seal of Transparency on April 20 to Friends Without A Border. Platinum is the highest level of recognition offered by GuideStar.

The Platinum Seal means that Friends Without A Border has demonstrated that it is focused on measuring progress and results. It also means that millions of people will be able to see information about Friends Without A Border on the GuideStar website and its network of more than 230 websites and applications.

GuideStar states that its website receives 9 million visitors each year.