Catholic Community Radio Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Catholic Community Radio Inc has received a two-star rating from Charity Navigator, indicating that there are areas that require improvement. The organization has an overall score of 70%, reflecting strengths in areas such as having a fully independent board and maintaining transparency in financial statements. They have successfully avoided material diversion of assets and report a healthy liabilities to assets ratio of 23.75%.

However, there are notable weaknesses in governance practices, as the organization lacks essential policies such as conflict of interest, whistleblower, and document retention and destruction policies. Moreover, the absence of documented board meeting minutes raises concerns about transparency and accountability. The program expense ratio of 60.48% suggests that while they are allocating a significant portion of their budget to programs, there is still room for improvement in financial management practices.

Overall, while Catholic Community Radio Inc demonstrates commitment to strong financial practices, the gaps in governance and policy development should be addressed to enhance their effectiveness and trustworthiness as a nonprofit organization.

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

Catholic Community Radio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Community Radio 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: $122,593

For more financial information, click here

Official website here: www.brcatholicradio.com