West River Transit

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

West River Transit has earned an 83% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based entirely on the Accountability & Finance beacon, reflecting a strong emphasis on effective governance and transparency in its operations. With a fully independent board and no reported material diversion of assets, the organization demonstrates a commitment to ethical management and oversight.

The nonprofit scored particularly well in several key areas, including a perfect score in having a majority of independent board members and a robust audit and oversight committee. The financial ratios also show a healthy balance, with a liabilities-to-assets ratio of 4.90%, which suggests good financial stability. Program expenses are reasonably allocated, with 66.38% of funds directed toward its core mission.

However, there are areas for improvement, specifically the absence of a whistleblower policy and document retention policies, which garnered zero points in those categories. While these limitations do not significantly detract from the overall rating, addressing them could enhance the organization's governance framework and bolster stakeholder confidence.

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

West River Transit is a legitimate nonprofit organization registered as a 501(c)(3) entity. West River Transit 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: $107,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $484,404

For more financial information, click here

Official website here: www.westrivertransit.com