Silver Lake Center Inc

Charity Navigator Rating: 1 Star (57%)

Silver Lake Center Inc has received a low rating of 57%, resulting in a One-Star out of Four Star rating from Charity Navigator. This score indicates significant concerns regarding the organization's accountability and financial practices. While the charity has a fully independent board, it lacks adequate independent board members and has not provided financial statements, which are critical for transparency.

On a positive note, Silver Lake Center Inc demonstrates a commendable commitment to its mission with a program expense ratio of 87.43%, suggesting that a large portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization has policies in place for conflict of interest, whistleblowing, and document retention, which contribute to some level of governance integrity.

However, the absence of financial statements and the significant liabilities compared to its assets raise red flags about its financial health. The missing website link on its tax form and the lack of publicly posted tax documents further hinder transparency, indicating that potential donors and stakeholders may face challenges in assessing the organization’s overall effectiveness and operational soundness.

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

Silver Lake Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Lake Center 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

For more financial information, click here