Methuen Senior Activity Center Inc

Charity Navigator Rating: 54%, One-Star out of Four Stars

The Methuen Senior Activity Center Inc has received a low rating of 54%, indicating concerns regarding its financial accountability and transparency. While it scores well in areas such as having a majority of independent board members and a conflict of interest policy, it lacks in critical areas like posting its tax form on its website and showing a low program expense ratio, which raises questions about the allocation of funds.

Despite some strengths in governance practices, such as the presence of a whistleblower policy and proper documentation of board meeting minutes, the organization's financial metrics suggest it may not be effectively utilizing its resources to support its programs. The low program expense ratio of 20.17% indicates that a significant portion of its expenses may not be directed towards its core mission.

Overall, while the Methuen Senior Activity Center Inc demonstrates good governance practices, the lack of transparency and low program expense ratio are significant limitations that potential donors should consider. It is advisable for the organization to enhance its financial reporting and ensure a greater percentage of funds are used for program activities to improve its standing in the nonprofit sector.

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

Methuen Senior Activity Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methuen Senior Activity Center 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: $0

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