Island Star Performances Inc

Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.

Island Star Performances Inc has received a low score primarily due to significant shortcomings in its financial reporting and transparency. The organization has a strong program expense ratio of 98.86%, indicating that nearly all of its expenses are directed toward its programs. However, the lack of financial statements and other essential documentation raises concerns about the overall accountability of the organization.

The board of directors has a majority of independent members, which is a positive aspect, but there are only two independent members, resulting in a low score in this area. Additionally, the organization has a conflict of interest policy in place, which is beneficial, but it lacks critical policies such as a whistleblower policy and document retention guidelines. These deficiencies in governance and compliance highlight potential risks for donors and stakeholders.

Despite the high percentage of program spending, the absence of basic financial transparency and adherence to governance standards reduces confidence in the organization's operations. Potential donors should weigh these concerns against the positive aspects when considering support for Island Star Performances Inc.

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

Island Star Performances Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Star Performances 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

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