United Progress Inc

Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating

United Progress Inc has received a moderate rating of 71% on Charity Navigator, which reflects a level of accountability and transparency in its operations. The organization excels in areas such as having a fully independent board and a strong oversight committee, with no reported material diversions of assets. Additionally, a high program expense ratio indicates that a substantial portion of its funds is allocated directly to its programs.

However, there are notable shortcomings that have impacted its overall rating. The absence of key policies, such as a whistleblower policy and document retention guidelines, raises concerns regarding internal governance and accountability. Furthermore, the liabilities to assets ratio is troubling at 291.33%, suggesting potential financial stability issues that the organization may need to address.

While United Progress Inc demonstrates a commitment to its mission through significant program spending and solid governance structures, it will benefit from improving its financial practices and establishing missing policies to enhance transparency and trust. Addressing these areas could lead to a stronger rating and greater confidence from supporters.

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

United Progress Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Progress 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: $148,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,429

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