Bloomington-Normal Jatc

Charity Navigator Rating: 0 stars (48%)

The Bloomington-Normal Jatc has received a low score of 48%, resulting in a Zero-Star out of Four Star rating. This rating reflects the organization's overall accountability and finance practices, which are evaluated through various metrics. While the organization scores well on several governance aspects, such as having a majority of independent board members and providing audited financial statements, it significantly lacks in financial performance measures.

Strengths of the organization include a fully independent board and adherence to some essential policies, such as a conflict of interest policy. However, the nonprofit falls short in critical financial metrics, notably its program expense ratio and liabilities to assets ratio. The program expense ratio, at 45.36%, indicates that a substantial portion of its expenses is not allocated toward its mission-related activities.

Additionally, the absence of a whistleblower policy and document retention and destruction policy raises concerns about transparency and accountability. These limitations contribute to the overall low rating, suggesting that while governance may be satisfactory, financial management practices need substantial improvement to enhance the organization's effectiveness in fulfilling its mission.

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

Bloomington-Normal Jatc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington-Normal Jatc 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: $228,651

For more financial information, click here

Official website here: www.bnjatc.org