South Boston Collaborative Center Inc

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

The South Boston Collaborative Center Inc has achieved a solid Three-Star rating, reflecting strong accountability and financial practices. With an overall score derived solely from its accountability and finance metrics, the organization excels in having a fully independent board with 93% of its members being independent and a total of 15 members, which contributes to its high rating in governance.

Strengths include the absence of material diversion of assets, a robust liabilities to assets ratio of 8.90%, and a commendable program expense ratio of 66.98%. The organization demonstrates a commitment to transparency by maintaining documented board meeting minutes and implementing conflict of interest and whistleblower policies.

However, while the organization scores well in most areas, there is room for improvement in its program expense ratio, where it received 21 out of a possible 25 points. This suggests that while a majority of its spending is directed towards programs, there may be some inefficiencies that could be addressed to maximize impact.

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

South Boston Collaborative Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Boston Collaborative Center 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: $105,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,601

For more financial information, click here

Official website here: www.southbostoncollaborativecenter.org/