First Suburbs Consortium Development Council

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The First Suburbs Consortium Development Council has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is primarily based on the organization's accountability and finance, which is rated at 83%. Such a score suggests that the nonprofit demonstrates a reasonable degree of transparency and responsible financial management.

Strengths of the organization include a fully independent board with 19 members and no material diversion of assets, which highlights strong governance practices. The council has also established effective policies, including a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining accountability. Furthermore, the organization maintains a favorable liabilities to assets ratio, indicating sound financial health.

However, the program expense ratio of 59.11% indicates that a significant portion of its expenditures may not directly contribute to its programs, as it falls short of the standard expectation. This might raise questions about the efficiency of resource allocation towards the organization’s mission. Overall, while the First Suburbs Consortium Development Council shows promising governance and accountability, attention to program expenses may enhance its impact.

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

First Suburbs Consortium Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Suburbs Consortium Development Council 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.firstsuburbs.org