Glades Correctional Development Corporation

Charity Navigator Rating: Needs Improvement

The Glades Correctional Development Corporation received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement, particularly in transparency and governance practices. While the organization scored well in having a fully independent board and high program expense ratios, it struggles with a concerning liabilities to assets ratio that indicates potential financial instability.

Strengths include a strong financial audit process and the absence of material diversion of assets, which suggests effective management of resources. However, the lack of critical policies, such as conflict of interest and whistleblower protections, raises concerns about the organization's governance framework. Additionally, the absence of necessary documentation on its website detracts from its accountability and transparency.

Overall, while the organization demonstrates effective financial management in certain areas, it must address its governance shortcomings and enhance its transparency to build confidence among stakeholders and improve its rating.

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

Glades Correctional Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glades Correctional Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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