Main Street Industries & Training

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

Main Street Industries & Training has received an 82% rating from Charity Navigator, which reflects a strong performance in accountability and finance. This score indicates the organization is well-managed and maintains a commitment to transparency and ethical practices. The charity's rating is based entirely on its accountability and finance metrics, suggesting stability and responsible stewardship of resources.

The organization excels in several key areas, including having a fully independent board of directors, with all eight members meeting the criteria for independence. Additionally, it boasts a high program expense ratio of 73.19%, which indicates that the majority of its expenditures are directly related to its mission-driven programs. An impressive audit score further enhances its financial credibility, showing that its financial statements are rigorously examined.

While the organization demonstrates notable strengths in governance and financial management, the rating does not provide insight into its overall impact or effectiveness in delivering services. This limitation highlights the importance of considering other factors beyond financial metrics when evaluating a nonprofit's overall performance and societal contributions.

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

Main Street Industries & Training is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Industries & Training 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: $390,710

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