Independent Choices Inc

Charity Navigator Rating: 52%

Independent Choices Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting significant concerns in its accountability and financial practices. While the organization demonstrates solid governance with 100% independent board members and maintains documentation for board meeting minutes, critical financial transparency indicators are lacking. The absence of financial statements and required policies raises red flags about its overall operational integrity.

The organization does exhibit a commendable Program Expense Ratio of 84.55%, indicating that a substantial portion of its expenditures is directed toward programs rather than administrative costs. However, its liabilities far exceed its assets, with a liabilities to assets ratio of 714.93%, which could jeopardize its financial stability in the long term. Additionally, the lack of essential documents on its website, like the tax form and conflict of interest policy, further diminishes trust and transparency.

While Independent Choices Inc may have some strengths, such as a well-composed board and high program spending, the significant gaps in financial reporting and governance policies detract from its overall effectiveness and accountability. Potential donors and stakeholders should carefully consider these limitations when evaluating their support.

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

Independent Choices Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Choices 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: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $461,986

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