Big Rock

Charity Navigator Rating: Needs Improvement

Big Rock has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization boasts a strong majority of independent board members and a solid program expense ratio, it falls short in several areas, including missing financial statements and lack of essential policies such as conflict of interest and whistleblower protections.

The organization’s financial health appears stable, with a low liabilities to assets ratio, suggesting that it is managing its debts effectively. Additionally, the high percentage of program expenses indicates that a significant portion of funds is being directed towards its mission. However, the absence of important governance documents raises concerns about transparency and operational oversight.

In summary, while Big Rock demonstrates positive aspects in its governance structure and program funding, it is essential for the organization to address its identified weaknesses in documentation and policy implementation to build trust with stakeholders and improve its overall rating.

This AI summary has been generated from information found on Charity Navigator.

Big Rock is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Rock submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $50,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,650

For more financial information, click here

Official website here: www.bigrockmaine.com