P S 321 Parent-Teacher Association Inc

Charity Navigator Rating: 54% (One-Star out of Four Stars)

P S 321 Parent-Teacher Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored 54% overall, primarily due to a lack of independent board members and missing essential governance policies, such as a conflict of interest policy and a whistleblower policy. These deficiencies raise questions about transparency and oversight within the organization.

Despite the low rating, the nonprofit excels in its program expense ratio, with nearly 99% of its expenses directed towards programs. This suggests that the organization is committed to utilizing its funds effectively to support its core mission. However, the absence of financial statements and other governance documents may hinder potential donors' ability to assess the organization's overall financial health and sustainability.

The lack of a robust governance framework, highlighted by the missing policies and independent board members, presents a limitation that could affect stakeholder trust and engagement. The organization will need to address these challenges to improve its rating and enhance its credibility in the nonprofit sector.

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

P S 321 Parent-Teacher Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. P S 321 Parent-Teacher Association 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

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Official website here: www.https: ps321.org