Artopolis Development

Rating from Charity Navigator: 89% (Three-Star out of Four Star rating)

Artopolis Development has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization scored well in several key areas, particularly in maintaining an independent board and adhering to various policies such as conflict of interest and whistleblower protections. These aspects reflect a commitment to transparency and ethical governance.

The organization's strong financial management is evidenced by a high program expense ratio of 86.70%, signifying that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, the charity has no recorded material diversion of assets, further enhancing its credibility and trustworthiness in financial stewardship.

However, there is room for improvement, particularly in the liabilities to assets ratio, which stands at 57.31%. While this score is acceptable, it suggests the organization could benefit from further improvement in managing its liabilities to ensure long-term financial stability. Overall, Artopolis Development demonstrates a strong commitment to accountability and effective use of funds.

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

Artopolis Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artopolis Development 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: $193,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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