18th & Wabash Corp

Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)

18th & Wabash Corp has received a 67% rating from Charity Navigator, which translates to a Two-Star rating. This score indicates that while the organization demonstrates strong practices in certain areas, there are significant weaknesses in its financial oversight and governance policies. Notably, the organization excels in having a fully independent board and maintains a high program expense ratio, which suggests that a substantial portion of its expenses goes directly to its mission.

On the positive side, the organization has a strong accountability framework in place, with no reported material diversion of assets and effective documentation of board meeting minutes. However, the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policies raises concerns about governance practices and potential risks to the organization’s integrity.

Additionally, the organization's liabilities to assets ratio is concerning, indicating a potential financial instability that could affect its operations. While the high program expense ratio is commendable, the overall financial health of the organization requires attention to ensure sustainability and compliance with best practices in nonprofit governance.

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

18th & Wabash Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 18th & Wabash Corp 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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