Youngstown Central Area Community Improvement Corporation

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

The Youngstown Central Area Community Improvement Corporation has achieved a rating of 83%, reflecting strong performance in accountability and finance. This score is derived entirely from the Accountability & Finance beacon, indicating that the organization prioritizes transparency and responsible financial management. The presence of an entirely independent board of members contributes significantly to its high rating.

Strengths highlighted include a robust board structure with 100% independent members and effective oversight, evidenced by their high scores in financial statements and material diversion of assets. Additionally, the organization demonstrates a strong commitment to program expenses, allocating nearly 94% of its resources directly to its initiatives, showcasing effective utilization of funds.

However, the organization has room for improvement, particularly in its governance policies, as it lacks a whistleblower policy. This absence, along with a modest liabilities to assets ratio, suggests that while the organization is financially sound, it may benefit from enhancing its internal policies to further strengthen its operational framework.

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

Youngstown Central Area Community Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youngstown Central Area Community Improvement Corporation 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: $88,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.ycacic.com