Community Economics Laboratory

Charity Navigator Rating: Needs Improvement

The Community Economics Laboratory received a Two-Star out of Four Star rating with an overall score of 70%, indicating some areas for growth in accountability and finance. The organization demonstrates strengths such as having a majority of independent board members and a solid program expense ratio, suggesting that most of its funds are allocated toward its mission rather than administrative costs.

However, several limitations were noted in the evaluation. While the organization has a conflict of interest policy, it lacks a whistleblower policy, which is crucial for maintaining transparency and accountability. Additionally, there is a low number of independent board members, which could impact governance quality and oversight.

The liabilities to assets ratio at 63.40% raises concerns about financial stability, but it is balanced by a high program expense ratio of 74.06%, reflecting a commitment to programmatic work. Overall, while the organization has important strengths, addressing the noted weaknesses could enhance its rating and effectiveness in the future.

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

Community Economics Laboratory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Economics Laboratory submitted a form 990EZ, 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.

Official website here: www.thecelab.org