Envision Charlotte

Charity Navigator Rating: Needs Improvement

Envision Charlotte has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. While the organization has achieved a majority of independent board members and a low liabilities to assets ratio, it struggles in areas such as financial statement availability and the posting of essential documents on its website. These factors contribute to its overall accountability and finance score of 66%.

Strengths of Envision Charlotte include a solid program expense ratio of 66.25%, reflecting a commitment to its mission-driven activities. The organization has also shown diligence in avoiding material diversions of assets and has a comprehensive conflict of interest policy in place, which can help ensure ethical governance. These strengths indicate a focus on fulfilling its charitable objectives effectively.

However, the absence of key financial documents and policies, such as a whistleblower policy and document retention and destruction policies, raises concerns about the organization's transparency and governance practices. The lack of a publicly accessible tax form further limits the ability of stakeholders to assess its financial health. Addressing these issues would likely improve Envision Charlotte's rating and public perception.

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

Envision Charlotte is a legitimate nonprofit organization registered as a 501(c)(3) entity. Envision Charlotte 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: $265
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,767

For more financial information, click here