Provport Inc

Charity Navigator Rating: 1 Star (55%)

Provport Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization's overall score heavily relies on its Accountability & Finance metrics, where it scored 55%. While it has strengths such as a fully independent board and solid financial oversight, it suffers from critical weaknesses in its program expenses and liabilities.

Despite having an independent board and good practices regarding financial statements and conflict of interest policies, Provport Inc's program expense ratio is notably low at 27.12%. This suggests that a considerable portion of its resources may not be directed towards its programs, which raises questions about its operational effectiveness. Furthermore, while the organization has robust policies in some areas, it is lacking important governance documents like a whistleblower policy and a document retention policy.

Overall, while Provport Inc shows some promise in accountability, the financial management aspects highlight areas needing significant improvement to enhance its effectiveness and ensure that more funds are allocated directly to its programs.

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

Provport Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Provport 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: $225,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.provport.com