Fola Community Action Services Inc

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Fola Community Action Services Inc has achieved an 80% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization is noted for its independent governance, with 100% of board members being independent, which contributes to transparent decision-making. Its financial structure shows a low liabilities-to-assets ratio of 2.18%, indicating sound fiscal management.

The charity demonstrates a strong commitment to its programs, dedicating 85% of its expenses directly to program services, which is a significant indicator of effectiveness. The financial oversight, including a dedicated audit and oversight committee, is well-managed, enhancing the organization’s credibility.

However, while the financial health indicators are impressive, the overall score is derived solely from the accountability and finance beacon, which may suggest less emphasis on other areas such as program impact or community outreach. As such, prospective donors and stakeholders might consider seeking additional information on the organization's operational reach and outcomes.

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

Fola Community Action Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fola Community Action Services 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: $913,767

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