Better Community Development

Charity Navigator Rating: 58%, One-Star out of Four Stars

Better Community Development has received a One-Star rating from Charity Navigator, which indicates concerns regarding its accountability and finance practices. The organization has a score of 58%, primarily based on its financial management. While the rating reflects strong governance aspects, the low overall score suggests there is room for improvement in financial stability.

The organization demonstrates commendable strengths in governance, such as having a fully independent board and no material diversion of assets. These factors contribute positively to its accountability score, which highlights the integrity of its leadership and adherence to best practices in nonprofit governance. Additionally, the program expense ratio is strong at 89.10%, indicating that a significant portion of its expenses goes directly to its programs.

However, the organization's liabilities to assets ratio stands at 78.02%, which raises concerns about financial health and sustainability. This high ratio suggests that Better Community Development may be over-leveraged, potentially impacting its ability to operate effectively in the long term. Overall, while the organization exhibits good governance practices, its financial challenges warrant attention.

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

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

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