Artsok Inc

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

Artsok Inc has earned a three-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, which scored 77%. This score reflects strong management and transparency practices, particularly in areas such as the independence of board members and the organization’s low liabilities compared to its assets.

The organization showcases significant strengths, including a high percentage of independent board members at 85%, and a strong program expense ratio of 97.70%, which suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there are no material diversions of assets noted, and the organization's tax form is readily available on its website, enhancing its transparency.

However, there are areas for improvement, particularly regarding governance policies. The absence of a conflict of interest policy and a whistleblower policy, both of which received zero points, indicates a potential vulnerability in its organizational practices. Addressing these gaps could further bolster its accountability and overall rating.

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

Artsok Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artsok 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: $80,164

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Official website here: www.artsba.org