Preservationworks

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Preservationworks has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The rating is derived from a single beacon score, showcasing aspects such as the organization's independent board, which is composed entirely of independent members, and a solid financial ratio with no liabilities. The program expense ratio is commendable at 81.18%, indicating that the majority of funds are directed towards its mission.

However, there are notable areas for improvement. Preservationworks lacks key policies including a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, all of which contribute to the accountability framework of the organization. While the transparency regarding board meeting minutes is positive, the absence of these critical policies may raise concerns among potential donors regarding governance practices.

Overall, while Preservationworks demonstrates strengths in financial management and independence, enhancing its policies on governance would further bolster its reputation and accountability in the nonprofit sector.

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

Preservationworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservationworks 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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Official website here: www.presworks.org