Building Beats Incorporated

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

Building Beats Incorporated has achieved a high 96% score, earning a Four-Star rating from Charity Navigator, which reflects its strong commitment to accountability and finance. The evaluation indicates that the organization is well-managed, with a comprehensive oversight structure and a majority independent board, demonstrating effective governance practices.

The organization's financial practices are robust, showing a program expense ratio of 73.06%, which highlights a significant commitment to its mission-driven programs. Additionally, the low liabilities to assets ratio of 17.70% suggests a stable financial position, enabling the nonprofit to effectively utilize its resources for the benefit of its programming.

Building Beats Incorporated also demonstrates transparency with its policies, including conflict of interest and whistleblower policies, all of which are in place and accessible. The absence of any material diversion of assets further underscores its integrity and responsible stewardship of funds, positioning the organization as a trustworthy option for potential donors and supporters.

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

Building Beats Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Beats Incorporated 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: $55,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $520,836

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Official website here: www.buildingbeats.org