Ashland Schines Theater Inc

67% rating from Charity Navigator

Ashland Schines Theater Inc received a Two-Star out of Four Star rating due to its overall score being derived solely from its Accountability & Finance score of 67%. The organization shows some strengths, particularly in its financial efficiency metrics, such as a low liabilities to assets ratio and a high working capital ratio, indicating a stable financial position. Additionally, it has a solid fundraising efficiency ratio, which suggests it raises funds effectively relative to expenses.

However, the nonprofit has notable weaknesses in its governance and accountability practices. The lack of independent board members raises concerns about oversight and transparency, while the absence of financial statements and a whistleblower policy detracts from its accountability score. Furthermore, the organization's website is not listed on its tax form, which could limit public access to information about its operations.

Overall, while Ashland Schines Theater Inc demonstrates financial stability and efficiency, improvements in governance and transparency are needed to enhance its credibility and trustworthiness among stakeholders.

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

Ashland Schines Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashland Schines Theater Inc 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: $33,303
Other Salaries and Wages: $45,827

For more financial information, click here