Artstech

Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)

Artstech has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of financial health and accountability. With an overall score of 78%, the organization demonstrates commitment to transparency and governance, including a fully independent board of directors and comprehensive financial oversight measures.

Strengths include a robust accountability framework, as evidenced by the perfect scores in several categories such as the independent board size and material diversion of assets. The organization also maintains a strong program expense ratio of 67.56%, reflecting that a significant portion of its expenditures directly supports its mission.

However, the rating is tempered by a concerning liabilities to assets ratio of 98.45%, which suggests high levels of debt compared to assets. This may raise questions about the organization's long-term financial sustainability and capacity to handle its obligations. Overall, while Artstech shows commendable governance practices, potential donors should consider its financial leverage when evaluating support options.

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

Artstech is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artstech 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,907

For more financial information, click here

Official website here: www.artstech-kc.org