Waterways

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Waterways has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and transparency. While the organization excels in various financial metrics, including a high Program Expense Ratio of 92.23% and a low Liabilities to Assets Ratio of 3.41%, it has notable weaknesses in transparency practices. The absence of a conflict of interest policy, whistleblower policy, and missing documentation on its website are significant limitations.

Despite the strengths demonstrated through independent board governance and material asset management, the lack of key policies and public documentation raises questions about its operational practices. The organization has a fully independent board, which is a positive aspect, but the missing elements indicate areas that need improvement to enhance stakeholder trust and organizational credibility. Overall, while Waterways shows promise in its financial management, addressing transparency concerns is crucial for a stronger reputation.

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

Waterways is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterways 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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