Sonshine Center

Charity Navigator Rating: One-Star out of Four Stars (52%)

The Sonshine Center has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 52%, the organization has shown strengths in having a fully independent board and maintaining proper documentation for board meeting minutes. However, the lack of financial statements and various missing policies, such as conflict of interest and whistleblower policies, have heavily impacted its overall score.

Despite scoring 100% in its program expense ratio, which reflects that all funds are channeled towards its programs, the organization struggles with transparency. The failure to provide financial documents on its website and a high liabilities to assets ratio of 76.20% raises questions about its financial health and sustainability. The absence of basic governance policies further highlights potential risks in its operational practices.

Overall, while the Sonshine Center demonstrates a commitment to its mission through its program spending, the lack of transparency and inadequate financial reporting practices are significant limitations. Stakeholders may want to consider these factors when evaluating the organization's viability and trustworthiness.

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

Sonshine Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sonshine Center 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: $410,666

For more financial information, click here