El Paso Texas Ignite Movement

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The El Paso Texas Ignite Movement has received a low rating of 54% from Charity Navigator, which translates to a One-Star rating. This score is primarily based on their Accountability & Finance metrics, where they received a weak performance in several key areas. Notably, the organization scored zero points for having majority independent board members and for their conflict of interest policy, which indicates a significant lack of governance and oversight.

Despite these weaknesses, the organization did perform well in certain financial aspects, such as maintaining a strong program expense ratio of 78.04%, indicating that a majority of their expenses are directed towards their programs. They also received full points for their liabilities to assets ratio, which suggests a manageable level of debt relative to their assets. However, the overall absence of strong governance practices raises concerns about accountability.

In summary, while El Paso Texas Ignite Movement demonstrates some positive financial management, the lack of independent oversight and governance policies limits their rating significantly. Potential donors and stakeholders should consider these factors when evaluating the organization’s effectiveness and sustainability.

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

El Paso Texas Ignite Movement is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Paso Texas Ignite Movement 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: $82,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,778

For more financial information, click here

Official website here: www.ignitemovement.org/