Why should my organization go through a review?
The Accountability Wizard review advances your organization's mission by making you more transparent and accountable to your donors. Especially in today’s economy, when organizations are competing more than ever for public support, a review with the Charities Review Council helps a nonprofit stand out, build public trust and improve its visibility and reputation with potential donors and grantmakers.
Specifically, the Accountability Wizard review offers your nonprofit the opportunity to:
Engage your board and staff in accountability issues, in order to create a shared culture of accountability and transparency;
Access technical assistance to assist you in aligning your organizational practices and procedures with the Accountability Standards;
Demonstrate your accountability and transparency through a public review on the Smart Givers Network website and inclusion in our semiannual newsletter;
Earn the “Meets Standards” seal (by meeting all of the Accountability Standards), and use it in your annual report, marketing and fundraising materials, and on your website and GiveMN.org profile to set your organization apart.
How long do I have to complete the Accountability Wizard?
While we encourage organizations to submit the assessment as soon as possible, you have up to one year from the date you create your new account to submit the assessment for review. If the assessment is not submitted by the one year deadline, the account will be deleted. Organizations that wish to continue with the review can simply create a new account, submit the enrollment fee and begin the assessment again.
Once submited, the Council will conduct its review and the initial results will be available in your account within a few weeks.
The review will then go public as soon as all standards are met.
How long is the review good for?
A review is valid for three years from the date the Council completes its initial review. Three months before the review expires, we will send an email notification encouraging your organization to renew your review.
Is there a cost to go through a review?
Yes. It’s a sliding scale base on 1% of 1% (.0001) of your annual expenses, good for three years. There is a minimum fee of $100 and a maximum of $1500.
EXAMPLE: If your organization's annual expenses total $3,000,000, your fee would be $300. If your annual expenses total $33,000,000 you would pay the maximum of $1500 instead of $3300.
Do you review new organizations (less than three years old)?
Yes. As long as your nonprofit has obtained its federal tax exemption or applied for it, you can go through a review. The process for reviewing new nonprofits is slightly different, however. View the New Organization Review Policy or you can contact the Council directly for details.
What if our organization doesn't meet standards?
After a review is complete, it is very common for a nonprofit to not meet a standard or two initially. In many cases, the changes required to meet all standards are minor and can be made quikcly.
While an organization will not be recognized in our list of the most trustworthy nonprofits on our website or in our newsletter untill it meets all of our Accountability Standards, the Charities Review Council staff is available to provide technical assistance to help nonprofits meets our standards.