Dima X Inc

Charity Navigator Rating: 1 Star (56%)

Dima X Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization demonstrates strengths in governance, with a fully independent board comprising eight members and good practices in document retention and meeting documentation. However, its overall score is heavily impacted by a poor liabilities to assets ratio, reflecting potential financial instability.

While Dima X Inc allocates 63% of its expenses toward programs, which is a positive aspect, this figure is offset by the high level of liabilities compared to its assets. This imbalance raises red flags about the charity's financial health and sustainability. The organization may need to improve its financial management and transparency to increase its rating and build trust with potential donors and stakeholders.

Overall, while there are commendable elements in Dima X Inc's governance structure, the financial ratios suggest a concerning situation that could hinder its ability to fulfill its mission effectively. Addressing these financial challenges will be crucial for improving its rating and overall impact in the community.

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

Dima X Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dima X 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: $14,411

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