Cobblestone Springs Inc

Charity Navigator Rating: 0 Stars (10% score)

Cobblestone Springs Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored a mere 10% overall, with a particularly low score in areas critical to transparency and governance. Notably, there are no independent board members, which raises questions about oversight and objectivity in decision-making.

The charity has also been flagged for missing essential policies, including those related to conflicts of interest and whistleblower protections, which are vital for establishing trust and ensuring ethical operations. Furthermore, the absence of documented board meeting minutes and failure to post required tax documents on its website contribute to its poor standing in accountability metrics.

While there are no reported material diversions of assets, the organization's financial management appears weak, as evidenced by a program expense ratio of only 5.80%. This low percentage suggests that a very small portion of its resources is being allocated directly to its programs, which may affect its overall impact and effectiveness in fulfilling its mission.

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

Cobblestone Springs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobblestone Springs 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: $11,700

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