Pratt Area Community Council Inc

Charity Navigator Rating: Needs Improvement

Pratt Area Community Council Inc has received a two-star rating from Charity Navigator, with an overall score of 62%. The organization demonstrates strong governance practices, as indicated by its perfect scores for independent board members and board size, alongside effective policies for conflict of interest and whistleblower protections. Additionally, the organization maintains a high program expense ratio of 70.84%, which signifies a commitment to funding its programs over administrative costs.

However, the organization faces significant challenges in financial transparency, as reflected in its zero score for financial statements. This raises concerns about its overall accountability and the clarity of its financial operations. While it shows strength in managing its board and maintaining essential policies, the lack of adequate financial reporting may hinder trust and confidence among stakeholders and potential donors.

Despite its strengths in various governance aspects and program efficiency, the financial transparency issues noted could be a critical barrier to attracting further support. Strengthening its financial disclosure practices could enhance its overall rating and community trust.

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

Pratt Area Community Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pratt Area Community Council 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: $301,114
Professional Fundraising Fees: $105,333
Other Salaries and Wages: $1,899,519

For more financial information, click here

Official website here: www.impacctbrooklyn.org