Infinity Recycling Inc

Charity Navigator Rating: 39%

Infinity Recycling Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's Accountability & Finance Score is notably low at 39%, primarily due to a lack of independent board members and missing essential governance policies such as conflict of interest, whistleblower, and document retention policies.

Despite these issues, Infinity Recycling Inc does demonstrate a high program expense ratio of 99.83%, suggesting that nearly all of its expenditures are directed towards its programs rather than administrative costs. However, the overall financial health of the organization raises red flags, particularly with an alarming liabilities to assets ratio of 671.52%, which indicates potential financial instability.

In summary, while Infinity Recycling Inc is focused on its mission with a high percentage of funding directed to programs, it lacks critical governance structures and transparency, which are essential for building trust with stakeholders and ensuring long-term sustainability.

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

Infinity Recycling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Infinity Recycling 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: $0
Other Salaries and Wages: $241,794

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Official website here: www.infinityrecycling.org