American Lithuanian Press & Radio

Charity Navigator Rating: 29%

The American Lithuanian Press & Radio has received a poor rating of 29%, which translates to a Zero-Star out of Four Star rating. This score indicates significant concerns regarding accountability and financial management within the organization. Key issues include a complete lack of independent board members and several missing governance policies which are essential for transparency and ethical operations.

The nonprofit did achieve a positive mark for having board meeting minutes documented, and it reported no material diversion of assets. However, its liabilities to assets ratio is alarmingly high at 1268.09%, signaling potential financial instability. Additionally, the program expense ratio of 63.05% suggests that a substantial portion of its budget is allocated to programmatic efforts, but the overall lack of transparency raises red flags.

Overall, the American Lithuanian Press & Radio has serious weaknesses in governance and financial practices, which could hinder its effectiveness and trustworthiness in serving its mission. For potential donors or supporters, these factors warrant careful consideration before engaging with the organization.

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

American Lithuanian Press & Radio is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Lithuanian Press & Radio 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: $0

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