Perkins County Retirement Associati

Charity Navigator Rating: 58%, One-Star out of Four Star rating.

Perkins County Retirement Association has received a low rating primarily due to its accountability and financial practices, scoring only 58%. While the organization boasts a fully independent board with effective governance practices, such as documenting board meeting minutes and having no material diversions of assets, it faces significant challenges in its financial health, particularly with a high liabilities to assets ratio.

Despite its strengths in board independence and transparency, the organization's financial metrics indicate potential risks, as reflected in its liabilities surpassing its assets. This raises concerns about long-term sustainability and financial stability. The program expense ratio is a positive aspect, showing that all expenditures are directed towards its programming, which is commendable. However, the overall financial picture suggests that the organization may need to address its fiscal challenges to improve its standing.

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

Perkins County Retirement Associati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perkins County Retirement Associati 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: $178,504

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