Mid-Iowa Workshops Inc

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Mid-Iowa Workshops Inc has received a One-Star rating from Charity Navigator due to its overall score of 56%. The organization demonstrates strong governance with 90% independent board members and has received full marks for its conflict of interest policy, whistleblower policy, and document retention practices. Additionally, they have an effective audit and oversight committee in place, which indicates a commitment to transparency and accountability.

However, the nonprofit faces significant challenges in its financial health, which has impacted its rating. The liabilities to assets ratio stands at 13.05%, and the program expense ratio is at only 48.71%. These figures suggest that a substantial portion of the organization's resources may not be directed towards its programs, raising concerns about its operational efficiency and sustainability.

Overall, while Mid-Iowa Workshops Inc excels in governance and accountability aspects, its financial ratios indicate a need for improvement in how it allocates funds to its core mission. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and impact.

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

Mid-Iowa Workshops Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Iowa Workshops 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: $144,952
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,641

For more financial information, click here

Official website here: www.none