Allegany County Historical Society Inc

Charity Navigator Rating: 33%

The Allegany County Historical Society Inc has received a score of 33%, resulting in a Zero-Star out of Four Star rating, which indicates significant concerns regarding its accountability and financial practices. The score is primarily derived from the Accountability & Finance beacon, showing that while the organization has strengths like a fully independent board and no material diversion of assets, it falls short in critical areas such as transparency and compliance.

Key strengths include an independent board with all members meeting criteria for independence and a proper size. The organization has successfully documented board meeting minutes, indicating some level of governance. However, it faces serious limitations, such as not having a website listed on its tax form, lacking a conflict of interest and whistleblower policy, and failing to provide documentation about its financial practices on its website.

Moreover, the organization has a concerning program expense ratio of 0.00%, suggesting that it may not be allocating funds toward its mission effectively. Overall, the lack of essential financial policies and transparency measures raises questions about the organization's operational effectiveness and accountability to its stakeholders.

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

Allegany County Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegany County Historical Society 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: $0

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