Friends Of The Moab Folk Festival

Charity Navigator Rating: Two-Star out of Four Stars (73%)

Friends Of The Moab Folk Festival has received a rating of "Needs Improvement" with a score of 73%. The organization demonstrates strengths in areas such as having a majority of independent board members, an independent board size, and a solid program expense ratio, indicating that all of its expenses go directly to its programs. These attributes suggest a commitment to its mission and transparency in financial management.

However, the nonprofit has several significant areas that need attention. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the absence of posted board meeting minutes and the failure to provide its tax form on its website raise concerns about accountability and transparency.

Overall, while Friends Of The Moab Folk Festival excels in program spending and board independence, its governance practices require improvement to enhance its credibility and trust with stakeholders. Addressing these limitations will be crucial for the organization’s future growth and effectiveness.

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

Friends Of The Moab Folk Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Moab Folk Festival 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: $63,145

For more financial information, click here

Official website here: www.moabfolkfestival.com