Wv Jazz Society Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating with an overall score of 70%)

The Wv Jazz Society Inc has received a rating of "Needs Improvement" due to several shortcomings in accountability and transparency. While the organization excels in certain areas, such as having an independent board and a solid program expense ratio, it falters in critical governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about the organization's operational integrity.

Strengths of the nonprofit include a perfect score for the majority of independent board members and a strong program expense ratio, indicating that a significant portion of its budget is dedicated to its core programs. Moreover, the organization's liabilities to assets ratio stands impressively at 0.00%, suggesting a strong financial standing. These factors reflect a commitment to the mission and responsible management.

However, the missing policies and documents, such as the tax form on the nonprofit's website and the lack of board meeting minutes, highlight areas that need urgent attention. Addressing these issues is crucial for improving overall trust and demonstrating accountability to donors and stakeholders.

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

Wv Jazz Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wv Jazz Society 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