Rhode Island Cte Trust On Career And Technical Education

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Rhode Island CTE Trust On Career and Technical Education has received an 83% rating from Charity Navigator, which indicates a solid performance in accountability and finance. The organization benefits from a fully independent board, with seven members, and demonstrates strong financial health through a liabilities to assets ratio of 0.00%. A high program expense ratio of nearly 80% suggests that a significant portion of its budget is allocated towards its programs rather than administrative costs.

Despite its strengths, the organization has noted deficiencies in certain governance policies. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are crucial for transparency and accountability. While the organization does provide board meeting minutes and a tax form on its website, the absence of these key policies may raise concerns for potential donors regarding oversight and best practices.

Overall, the Rhode Island CTE Trust demonstrates a commitment to its mission through effective financial management and an independent board. However, addressing the noted governance gaps would enhance its credibility and reassure stakeholders about its operational integrity.

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

Rhode Island Cte Trust On Career And Technical Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Cte Trust On Career And Technical Education 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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