Family And Workforce Centers Of America

Charity Navigator rating: 82% (Three-Star out of Four Star rating)

Family and Workforce Centers of America has received a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 82%. The rating is based exclusively on its financial practices, highlighting transparency and effective governance. The organization benefits from an independent board composed entirely of members with no conflicts of interest, demonstrating a commitment to ethical oversight.

The organization has excelled in various areas, such as maintaining a 100% independent board and a robust financial oversight structure, earning full points for its auditing and policy protocols. Additionally, the charity allocates a significant portion of its expenses, 89.53%, directly to its programs, indicating a focus on delivering services rather than administrative costs. Such financial responsibility enhances its credibility in the nonprofit sector.

However, the organization has room for improvement in its liabilities to assets ratio, which stands at 66.56%. While this is a good indication of financial health, a lower ratio would signify greater stability and potentially more resources available for programmatic efforts. Overall, Family and Workforce Centers of America demonstrates a solid foundation in financial accountability but could work on strengthening its balance sheet for future growth.

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

Family And Workforce Centers Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family And Workforce Centers Of America 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.