Five Rivers Loan Fund Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that Five Rivers Loan Fund Inc meets some standards of accountability and transparency but may have areas needing improvement. The organization has demonstrated a solid performance in finance and accountability, particularly noted for having a fully independent board and no material diversion of assets.

The organization excels in its Program Expense Ratio, with 87.78% of its expenses going directly to programs, showcasing a strong commitment to its mission. Additionally, the Liabilities to Assets Ratio of 19.62% reflects a stable financial position, which is a positive sign for its sustainability and operational health.

However, despite these strengths, the overall Two-Star rating suggests there may still be challenges or limitations in other areas that could affect donor trust or engagement. Continuous improvement in aspects such as transparency and performance metrics would be beneficial for enhancing the organization's standing and effectiveness in its mission.

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

Five Rivers Loan Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Rivers Loan Fund 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: $64,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,145

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