Lexington Concours Inc

Charity Navigator Rating: 0 Stars

Lexington Concours Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial management. The organization scored only 47% overall, predominantly due to its low performance in key metrics such as the liabilities to assets ratio and program expense ratio, which suggests limited financial health and effectiveness in utilizing funds for its stated mission.

While the organization does boast a fully independent board and has established policies regarding conflict of interest, whistleblowers, and document retention, these strengths are overshadowed by its lack of transparency. Notably, the nonprofit has not posted its tax form on its website as required, which negatively impacts its accountability score.

The low program expense ratio of 39.46% indicates that less than half of its expenses are directed toward its programs, raising further questions about the efficiency of its spending. Overall, potential donors and supporters may want to approach this organization with caution, considering the significant areas of concern highlighted in its financial practices.

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

Lexington Concours Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Concours 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: $0

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Official website here: www.keenelandconcours.com