Mille Lacs Cty Area Dac

Charity Navigator Rating: Needs Improvement

Mille Lacs County Area Dac has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 69%. This indicates some areas of concern regarding the organization's accountability and financial practices. While the organization has demonstrated a strong financial management capability with a high program expense ratio of 82.61%, there are significant deficiencies in governance, particularly the lack of independent board members and missing key policies such as a whistleblower policy and document retention.

The organization excels in financial transparency with a perfect score on their audit and no reported material diversion of assets. However, the absence of independent board members raises questions about the oversight and decision-making processes within the nonprofit. The failure to maintain essential documentation like board meeting minutes and tax forms on their website further detracts from their overall credibility.

In summary, while Mille Lacs County Area Dac shows commendable program spending and financial health, it faces critical challenges in governance and transparency. Addressing these issues could enhance their effectiveness and trustworthiness as a nonprofit organization.

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

Mille Lacs Cty Area Dac is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mille Lacs Cty Area Dac 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: $147,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,763,119

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