Lions Eye Bank Of Northwestern Pennsylvania

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Lions Eye Bank of Northwestern Pennsylvania demonstrates a strong commitment to transparency and accountability, as reflected in its majority independent board and absence of material asset diversion. The organization maintains a healthy liabilities to assets ratio and an impressive program expense ratio, which indicates that a substantial portion of its funds is directed towards its mission.

However, the organization faces significant limitations in governance policies, as it currently lacks essential documents such as a conflict of interest policy, whistleblower policy, and document retention policy. These missing elements have impacted its overall rating, as accountability measures are critical for nonprofit effectiveness and donor trust. Additionally, the absence of the organization's tax form on its website further detracts from its transparency efforts.

In terms of leadership compensation, the executive director earns an annual salary of $63,797, which is reasonable for a nonprofit of this size. Overall, while the Lions Eye Bank has strengths in financial management and independence, it needs to address its governance shortcomings to enhance its accountability and improve its rating in the future.

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

Lions Eye Bank Of Northwestern Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lions Eye Bank Of Northwestern Pennsylvania 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: $58,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,367

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