Filarmonica Santo Antonio Inc

Charity Navigator Rating: 20%

Filarmonica Santo Antonio Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has a notably low Accountability & Finance Score of 20%, which raises red flags about governance practices and transparency.

The organization lacks independent board members, which may limit oversight and accountability. Additionally, several critical policies, including conflict of interest, whistleblower, and document retention policies, are missing. Important transparency practices, such as publishing board meeting minutes and posting tax forms on its website, are also absent, contributing to its low score.

Furthermore, the program expense ratio is notably low at 10.06%, suggesting that a minimal portion of funds is directed toward the organization's programs and mission. While there are no reported material diversions of assets, the overall financial management practices and lack of transparency hinder the organization's credibility and trustworthiness in the nonprofit sector.

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

Filarmonica Santo Antonio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filarmonica Santo Antonio 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

For more financial information, click here