Nuestras Raices Inc

Charity Navigator Rating: 71%, Two-Star out of Four Star Rating

Nuestras Raices Inc has been assigned a 71% score, which translates to a Two-Star rating. This score reflects a moderate level of accountability and financial management. The organization demonstrates several strengths, particularly in its governance, with a fully independent board and sound financial reporting practices. Notably, it has achieved high marks for the majority of its board members being independent, as well as for its financial statements being properly reviewed.

However, there are significant areas for improvement, particularly concerning governance policies. The absence of a whistleblower policy, a document retention policy, and the lack of posted board meeting minutes have contributed to a lower overall score. Additionally, the organization's liabilities to assets ratio is concerning, indicating potential financial risk that may need to be addressed.

Overall, while Nuestras Raices Inc shows promise in certain governance aspects and has a strong program expense ratio, it must enhance its policies and transparency to improve its rating and build trust among its stakeholders.

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

Nuestras Raices Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuestras Raices 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: $68,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,313

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