Twinsburg Community Improvement Corporation

Charity Navigator Rating: 46% (Zero-Star out of Four Star rating)

The Twinsburg Community Improvement Corporation has received a rating of 46%, translating to a Zero-Star rating, primarily assessed through accountability and finance metrics. This score reflects significant weaknesses in financial health, particularly concerning program expenses, where only 46.5% of expenditures are directed towards programs, indicating a potential need for better resource allocation.

On a more positive note, the organization demonstrates strong governance with a fully independent board and no material diversion of assets. They have effective policies in place for conflict of interest and maintain proper documentation of board meeting minutes and tax forms, contributing positively to their accountability practices.

However, the absence of essential policies such as a whistleblower policy and document retention and destruction policy are noted shortcomings. Additionally, the liabilities to assets ratio being reported at 0.00% raises concerns regarding the organization's financial sustainability. Overall, while there are strengths in governance, the low program expenditure ratio and missing policies highlight areas that need improvement for a more favorable evaluation.

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

Twinsburg Community Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twinsburg Community Improvement 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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Official website here: www.twinsburgcic.com/