Oritel Inc

Charity Navigator Rating: 82%, Three-Star out of Four Star Rating

Oritel Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 82%. This rating indicates that the organization is generally well-managed and transparent in its financial practices. The score is based entirely on accountability measures, which the nonprofit has performed strongly in, showcasing a commitment to responsible financial stewardship.

The organization exhibits strong governance, with 100% of its board members being independent, ensuring unbiased oversight. Additionally, the board size and structure are satisfactory, with six independent members, and the organization effectively documents its board meeting minutes. The financial health of Oritel Inc appears robust, with a perfect liability-to-assets ratio, indicating no outstanding debts.

While the organization has a commendable program expense ratio of 79.59%, which suggests that a significant portion of its resources is directed towards its mission, the overall rating still emphasizes the need for continual improvement in areas that influence overall performance. Nonetheless, the absence of material diversions of assets and the presence of an Audit and Oversight Committee add to the organization's credibility.

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

Oritel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oritel 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: $126,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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