Mayfield-Graves Co United Way Inc

Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.

Mayfield-Graves Co United Way Inc has received a low score of 40% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization demonstrates strong governance with 100% independent board members and proper documentation of board meeting minutes, its financial ratios raise red flags. The liabilities to assets ratio is notably concerning at 0.45%, suggesting potential financial instability.

Additionally, the organization's program expense ratio is just 17.85%, which indicates that a very small portion of its expenses is allocated directly to programs and services. This raises questions about the effectiveness and impact of its initiatives on the community it serves. While it has strengths in its board structure and conflict of interest policies, the financial metrics suggest a need for improvement in resource allocation toward its mission.

Overall, the rating reflects a combination of solid governance but troubling financial management, which could impact donor trust and long-term sustainability. Stakeholders and potential donors should consider these factors when evaluating their support for Mayfield-Graves Co United Way Inc.

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

Mayfield-Graves Co United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayfield-Graves Co United Way 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: $10,000

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