Riverwest Artists Association Inc

Charity Navigator Rating: 37%

The Riverwest Artists Association Inc has received a low rating of 37%, which equates to a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial practices. Key issues include a complete lack of independent board members and missing essential policies and documentation, such as a conflict of interest policy and whistleblower policy, which are critical for transparency and governance.

Despite the concerning governance issues, the organization does show a high program expense ratio of 99.59%, suggesting that a large portion of their funds is directed toward programmatic activities rather than administrative costs. However, the high liabilities to assets ratio of 67.18% raises further concerns about the organization's financial stability and its ability to meet obligations.

Overall, while the Riverwest Artists Association Inc appears to focus on its mission through its programming, the lack of governance structures and transparency measures significantly undermines its credibility and effectiveness as a nonprofit organization.

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

Riverwest Artists Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverwest Artists Association 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: $19,755

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