Wesleyan Potters Incorporated

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)

Wesleyan Potters Incorporated has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial transparency. While the organization maintains a fully independent board, scoring well in governance aspects such as having no material diversion of assets and a favorable liabilities to assets ratio, significant concerns arise from the absence of key financial statements and policies that are critical for operational transparency.

The evaluation highlights strong program expense ratios, with nearly 86% of expenses directed towards its programs, which suggests a commitment to its mission. However, the lack of financial documentation, including its tax form and conflict of interest policy, raises questions about the organization's overall transparency and governance practices. Furthermore, the missing whistleblower policy and inadequate documentation practices could hinder stakeholder trust.

Overall, while the organization shows promise in its programmatic focus and governance independence, it must address the gaps in financial reporting and policy documentation to enhance its accountability and improve its rating in future assessments.

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

Wesleyan Potters Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesleyan Potters Incorporated 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: $120,362

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