Esm Music Booster Inc

Charity Navigator Rating: 13%

Esm Music Booster Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The low score is primarily due to a lack of independent board members, with 0% of the board being independent, and missing key governance policies such as a conflict of interest policy and a whistleblower policy. The nonprofit also does not have a website listed on its tax form, which is a notable transparency issue.

Despite the concerning governance issues, the organization does show that it has not experienced any material diversion of assets, which is a positive aspect in terms of financial integrity. However, the absence of critical policies and a lack of transparency around its financial operations raise questions about the nonprofit's overall effectiveness and commitment to best practices in governance.

The organization also scored poorly on financial metrics such as the program expense ratio and liabilities to assets ratio, indicating a potential issue with how funds are allocated towards its intended programs. Overall, Esm Music Booster Inc faces significant challenges that may hinder its ability to operate effectively and serve its mission efficiently.

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

Esm Music Booster Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esm Music Booster 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