Washington National Eye Center Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Washington National Eye Center Inc has received a low rating of 56%, which reflects notable concerns regarding its financial accountability and transparency. While the organization has a majority of independent board members and shows no material diversion of assets, its lack of financial statements and missing documents on its website significantly impact its overall score.

The organization's strengths include a well-structured board with 58% independent members and solid policies in place, such as conflict of interest and whistleblower policies. However, the absence of posted financial statements and tax forms raises questions about its financial transparency. Additionally, despite a reasonable liabilities to assets ratio, its program expense ratio indicates that a relatively low percentage of its expenses are directed toward its programs, which further contributes to its poor rating.

Overall, while Washington National Eye Center Inc demonstrates some governance strengths, the lack of financial disclosure and the low proportion of funds spent on programs are critical areas for improvement that potential donors should consider.

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

Washington National Eye Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington National Eye Center 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: $139,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,082

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