Armenian Cultural Association Of America Inc

Charity Navigator Rating: Needs Improvement

The Armenian Cultural Association of America Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it has significant areas that require improvement. With an overall score of 66%, the organization demonstrates strengths in its governance, particularly with a fully independent board and strong financial oversight. However, the lack of essential policies such as a conflict of interest policy and a whistleblower policy has adversely affected its accountability and finance score.

Despite performing well in several accountability metrics, the organization's program expense ratio is relatively low at 55.26%, suggesting that a smaller proportion of its expenditures are directed toward its programs compared to administrative costs. This raises concerns about the effectiveness and impact of its activities. Furthermore, the absence of its tax form on its website could hinder transparency and public trust.

Overall, while the Armenian Cultural Association of America shows promise with its governance structure, it must address its policy gaps and improve its financial allocation toward programs to enhance its ratings and public perception.

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

Armenian Cultural Association Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armenian Cultural Association Of America Inc 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: $87,123

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Official website here: www.acaainc.org/