German-American Society Of Trenton New Jersey

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The German-American Society of Trenton, New Jersey has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based entirely on a single beacon score, which reflects the organization’s commitment to maintaining strong financial practices. The high score in this category suggests transparency and effective use of resources.

The organization demonstrates strong governance, with 100% of its board members being independent. Additionally, there have been no material diversions of assets, further illustrating its financial integrity. The Society excels in several areas, including the posting of tax forms on its website and maintaining detailed board meeting minutes, which contributes positively to its accountability profile.

However, there are noted limitations, such as the absence of a whistleblower policy and document retention and destruction procedures, which are typically regarded as best practices for nonprofits. Despite these gaps, the organization maintains a healthy program expense ratio of nearly 94%, indicating that the majority of its funds are allocated directly towards its mission-related programs.

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

German-American Society Of Trenton New Jersey is a legitimate nonprofit organization registered as a 501(c)(3) entity. German-American Society Of Trenton New Jersey 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: $58,446

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Official website here: www.gasociety.org