J Babe Stearn Community Center

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)

The J Babe Stearn Community Center has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization demonstrates strong governance with 100% independent board members and a low liabilities to assets ratio, it lacks several critical financial documentation and policies. The absence of financial statements and missing policies related to conflict of interest, whistleblower actions, and document retention raise concerns about transparency and accountability.

Strengths of the organization include a high program expense ratio of approximately 79.59%, suggesting that a significant portion of its expenditures is directed towards its programs rather than administrative costs. Additionally, the center has been proactive in documenting board meeting minutes, which is a positive sign of governance practices.

However, the nonprofit's lack of a website listed on its tax form, failure to post tax forms online, and absence of key financial policies limit its overall rating. These shortcomings may hinder potential donors' trust and confidence in the organization, highlighting the need for improvement in transparency and organizational practices.

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

J Babe Stearn Community Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. J Babe Stearn Community Center 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: $118,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $119,118

For more financial information, click here