Sto-Rox Plaza Inc

Charity Navigator Rating: 69% (Two-Star out of Four Stars)

Sto-Rox Plaza Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The organization has a strong independent board, with 83% of its members being independent and a good audit of its financial statements. However, there are several areas of concern, including missing policies for whistleblower protection and document retention, which impact its overall rating.

The charity performs well in terms of program expenses, dedicating 82.80% of its budget to its programs, which suggests a commitment to its mission. However, the significant liabilities to assets ratio of 147.85% raises questions about its financial health and sustainability. The lack of documentation for board meeting minutes and the absence of the required tax form on its website further detracts from its transparency.

Overall, while Sto-Rox Plaza Inc demonstrates some strengths, particularly in board independence and program spending, the missing policies and financial concerns highlight areas that need improvement for better accountability and trust with donors and stakeholders.

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

Sto-Rox Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sto-Rox Plaza 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here