Medical Eye Bank Of West Virginia Inc

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

The Medical Eye Bank of West Virginia Inc has achieved an 82% score, reflecting a solid performance in accountability and finance, which is critical for donor trust. The organization boasts a fully independent board, with all 18 members not affiliated with the bank, ensuring unbiased governance. Their financial oversight is robust, with a strong audit and oversight committee that meets all required standards.

In terms of financial health, the organization has demonstrated effective management of its resources, shown by a low liabilities to assets ratio of 3.84%. Furthermore, the program expense ratio of 82.50% indicates that the majority of their expenses are directed towards their programs, which enhances their impact in the community.

While the charity has received a commendable rating, it is important for potential donors to consider the limited scope of the evaluation, as it is based solely on accountability and finance metrics. This focus may not fully capture other operational aspects. Overall, the Medical Eye Bank of West Virginia Inc appears to be a well-managed nonprofit committed to its mission.

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

Medical Eye Bank Of West Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Eye Bank Of West Virginia 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: $171,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,879

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