Carr Square Tenant Management Corporation

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

The Carr Square Tenant Management Corporation has received a Two-Star rating from Charity Navigator, indicating that while it has some strengths, there are areas requiring significant improvement. The organization performed well in various accountability and finance metrics, achieving high scores in aspects such as independent board composition and financial oversight. Specifically, it scored well on audit committee presence and the absence of material asset diversion, suggesting a relatively stable financial environment.

However, the organization has notable limitations that are affecting its overall score. The Program Expense Ratio was lower than ideal, indicating that a smaller portion of its budget is directed towards programs relative to administrative costs. Additionally, several critical governance policies, including conflict of interest and whistleblower policies, are missing, which may undermine transparency and accountability.

To improve its standing, Carr Square Tenant Management Corporation would benefit from enhancing its program expense ratio and implementing the missing governance policies. Addressing these weaknesses could provide a better foundation for trust among stakeholders and encourage greater financial support.

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

Carr Square Tenant Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carr Square Tenant Management Corporation 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: $464,941

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