Turnaround Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 64%)

Turnaround Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement in their operations. With a score of 64%, the organization faces challenges, particularly in terms of governance and transparency. Notably, there are no independent members on the board, which raises concerns about oversight and accountability.

Despite these issues, the organization demonstrates a strong commitment to its programming, as evidenced by a high program expense ratio of 95.47%. This indicates that a majority of its funds are being directed toward its mission-related activities. However, the absence of publicly available financial statements and a missing website listed on the tax form suggest a lack of transparency that could hinder donor confidence.

On the governance side, while the organization has established a conflict of interest policy and has whistleblower protections in place, the overall governance structure is lacking. The failure to post essential documents like the tax form on their website, alongside a material diversion of assets, highlights critical areas where Turnaround Inc needs to enhance its operational integrity and transparency to build trust with stakeholders.

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

Turnaround Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turnaround 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: $47,636
Professional Fundraising Fees: $0
Other Salaries and Wages: $521,270

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