Green Knight Economic Development Corp

Charity Navigator Rating: 56%, One-Star out of Four Stars

Green Knight Economic Development Corp has received a low score of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, the nonprofit's financial statements have not been reviewed or compiled, further contributing to its low score.

Despite these limitations, Green Knight Economic Development Corp has shown strong performance in certain areas, such as maintaining a material diversion of assets score of 10 out of 10 and achieving a program expense ratio of 100%. This suggests that all its expenditures are directed toward its programs, highlighting a commitment to its mission. However, the absence of crucial policies like a whistleblower policy and missing financial disclosures on its website demonstrate areas that need improvement.

In summary, while the organization appears to be dedicated to its cause, the lack of independent oversight and transparency in financial practices could hinder its effectiveness and reputation in the nonprofit sector. Potential donors and supporters should consider these factors when evaluating their engagement with the organization.

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

Green Knight Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Green Knight Economic Development Corp 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: $0

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