Vibrant Kalamazoo

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Vibrant Kalamazoo has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. This rating is derived entirely from its Accountability & Finance score, suggesting that the organization is performing well in managing its financial responsibilities, with a program expense ratio of 99.42%, which indicates that nearly all of its expenses are directed towards its programmatic work.

The organization benefits from a fully independent board, scoring 10 out of 10 in that category. All board members are independent, which is crucial for maintaining objectivity and integrity in decision-making. However, the charity has notable weaknesses, as it lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are important for ensuring transparency and accountability.

Overall, while Vibrant Kalamazoo demonstrates strong financial management and governance structure in terms of board independence and program spending, it does need to address its missing policies to improve its accountability framework. Enhancing these aspects could bolster its reputation and effectiveness in the nonprofit sector.

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

Vibrant Kalamazoo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vibrant Kalamazoo 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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Official website here: www.kalamazoolandbank.org