American Leather Chemists Association

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The American Leather Chemists Association has received a Three-Star rating from Charity Navigator, indicating a moderate level of performance and accountability. The overall score is calculated entirely from a single beacon score, which focuses on Accountability & Finance. The organization has shown strong governance indicators, including having a board that is entirely independent, which is a positive sign for transparency and oversight.

Strengths highlighted include a high program expense ratio of 99.14%, indicating that nearly all of its funds are directed towards its mission-driven activities. Additionally, the organization has no material diversion of assets, and it maintains well-documented board meeting minutes. These factors illustrate a commitment to financial integrity and effective use of resources.

However, there are notable limitations in the form of missing policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policies indicates areas where the organization could improve its governance practices. Addressing these issues could enhance their accountability framework and bolster donor confidence.

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

American Leather Chemists Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Leather Chemists Association 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: $49,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.leatherchemists.org