Peruna East Corporation

Charity Navigator Rating: 1 Star (52%)

Peruna East Corporation has received a low rating, indicating significant concerns regarding its accountability and financial management. The organization has a 52% score, which reflects a lack of independent board members, with no independent members on its board. While the charity scored well in its conflict of interest and whistleblower policies, it faces issues related to its liabilities to assets ratio, which stands at an alarming 201.78%. This raises red flags about the organization’s financial health.

On a positive note, Peruna East Corporation demonstrates strong commitment to its program expenses, achieving a perfect score of 100% in that area. However, the absence of a website listed on its tax form and missing documentation related to document retention are notable weaknesses. Although some governance practices are in place, the overall lack of independent oversight and transparency may deter potential donors and supporters.

Overall, while Peruna East Corporation shows strengths in program expenses, its financial ratios and governance structure suggest that potential donors should exercise caution and seek additional information before contributing to the nonprofit.

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

Peruna East Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peruna East Corporation 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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