Empowerment Enterprise Ii

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 70%)

Empowerment Enterprise II has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are critical areas that require improvement. The overall score of 70% reflects a solid performance in program expense ratios, with 88.08% of expenses directed towards their programs. The organization also benefits from good financial practices, having no material diversion of assets and a complete set of necessary policies in place.

However, the organization faces significant challenges related to governance. Notably, it lacks independent board members, scoring 0% in both the majority independent board members and independent board size categories. Additionally, the organization's tax form is missing from its website, which detracts from transparency. The liabilities to assets ratio at 64.58% raises concerns about financial stability, suggesting that balanced management of assets and liabilities is an area that needs attention.

Overall, while Empowerment Enterprise II displays a commitment to its mission through program expenses, the deficiencies in governance and financial transparency highlight the need for strategic improvements to bolster trust and operational efficacy.

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

Empowerment Enterprise Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowerment Enterprise Ii 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: $56,360

For more financial information, click here

Official website here: www.ee2dc.org