Vernon County Historical Society

Charity Navigator Rating: One-Star out of Four Stars (53%)

The Vernon County Historical Society has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is based solely on the Accountability & Finance beacon, which highlights areas needing improvement, particularly in governance and transparency.

One of the notable strengths of the organization is its impressive program expense ratio of 98.72%, which suggests that a substantial majority of its expenses are allocated directly to its programs. However, the lack of independent board members and the absence of essential policies, such as conflict of interest and whistleblower policies, raise red flags regarding its governance. Additionally, the failure to document board meeting minutes and post tax forms online further underscores the organization's shortcomings in transparency.

While the organization does not exhibit any material diversion of assets, the overall lack of accountability measures limits its effectiveness and could hinder donor trust. The Vernon County Historical Society is encouraged to enhance its board independence and implement necessary policies to improve its governance practices.

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

Vernon County Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon County Historical Society 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: $28,925

For more financial information, click here

Official website here: www.vernoncountyhistory.org