Cast Your Cares Inc

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

Cast Your Cares Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory performance in terms of accountability and finance. The organization boasts a strong program expense ratio of 84.90%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, it has a favorable liabilities to assets ratio of 4.12%, reflecting good financial health.

The nonprofit benefits from an entirely independent board with 80% of its members being independent, which is a positive sign for governance. It also maintains proper documentation for board meeting minutes and has no material diversion of assets, which further underscores its commitment to accountability. However, the organization lacks several important policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact its overall governance practices.

While Cast Your Cares Inc demonstrates strong financial accountability and effective program funding, the absence of key governance policies may limit its operational transparency. Prospective donors and stakeholders may want to consider these factors when assessing the organization's overall reliability and effectiveness.

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

Cast Your Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cast Your Cares 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: $10,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.castyourcares.org