Village Arts Inc

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

Village Arts Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. With a score of 70%, the organization demonstrates strengths in financial management, such as a high program expense ratio of 83.44% and zero liabilities to assets, which reflects effective resource allocation towards its mission.

However, the nonprofit has several significant shortcomings in governance and transparency. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which raises concerns about accountability. Additionally, the absence of meeting minutes and tax forms on its website further detracts from its credibility, indicating areas that require immediate attention and enhancement.

Overall, while Village Arts Inc shows promise in its financial stewardship, the gaps in governance practices suggest that improvements are essential for building trust and ensuring long-term sustainability. Addressing these issues could significantly elevate the organization's standing in the nonprofit sector.

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

Village Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Arts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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