Vesta Thirteen Inc

Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.

Vesta Thirteen Inc has received a low rating of 48% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization scored 0 out of 10 points for both the majority independent board members and independent board size, suggesting a lack of oversight and governance. Although it performed well in some areas, such as having no material diversion of assets and a high program expense ratio, the weaknesses in governance are particularly alarming.

The charity has a conflict of interest policy in place, but it lacks essential policies, such as a whistleblower policy and proper document retention and destruction practices, which are critical for transparency and ethical operations. Furthermore, the organization failed to adequately report its tax forms on its website, which detracts from its accountability to stakeholders.

Overall, while Vesta Thirteen Inc shows some positive financial management regarding program expenses, its governance structure and accountability measures raise significant red flags that potential donors and volunteers should consider before engaging with the nonprofit.

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

Vesta Thirteen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesta Thirteen 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: $3,911

For more financial information, click here

Official website here: www.vesta.org