Winooski Valley Park District

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

The Winooski Valley Park District has achieved a Three-Star rating from Charity Navigator, signifying a solid performance in accountability and finance. The organization scored 83% in its overall evaluation, primarily based on its accountability and finance metrics, indicating a responsible management of its resources.

Strengths highlighted in the rating include a fully independent board, with all 10 members meeting the criteria for independence. The organization adheres to key governance practices by maintaining policies regarding conflicts of interest and whistleblower protections. Additionally, it demonstrates good financial health with a low liabilities-to-assets ratio, reflecting its sustainable financial practices.

However, the nonprofit's program expense ratio stands at 58.75%, which suggests that a portion of its expenses may be allocated to administrative costs rather than direct program activities. This could be a potential area for improvement as the organization seeks to increase its impact through programmatic initiatives. Overall, while the Winooski Valley Park District demonstrates solid governance and financial accountability, attention to program expenses could enhance its overall effectiveness.

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

Winooski Valley Park District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winooski Valley Park District 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: $86,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,730

For more financial information, click here

Official website here: www.wvpd.org