Chinkapin Craftstead Inc

Charity Navigator Rating: 33%

Chinkapin Craftstead Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting serious concerns regarding its accountability and financial management. The low score is predominantly driven by significant weaknesses in critical areas such as governance policies and financial transparency, which are essential indicators of a nonprofit's reliability and effectiveness.

The organization does show strengths in some areas, including having a fully independent board comprising 10 members and no evidence of material asset diversion. However, it has multiple missing policies, such as a conflict of interest policy and a whistleblower policy, which contribute substantially to its low rating. Moreover, while it maintains board meeting minutes, the lack of a website listed on its tax form further raises concerns regarding communication and transparency.

Financially, Chinkapin Craftstead Inc's program expense ratio is relatively low at 31.20%, indicating that a significant portion of its resources may not be directed towards its stated mission. The liabilities to assets ratio is also quite minimal at 0.04%, suggesting some financial stability, but overall, the weaknesses in governance and program expenses overshadow these strengths, making potential donors cautious.

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

Chinkapin Craftstead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinkapin Craftstead 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: $14,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,630

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