Vip & Associates Inc

Charity Navigator Rating: 37%

Vip & Associates Inc received a low score of 37%, resulting in a Zero-Star out of Four Star rating. This score is based entirely on Accountability & Finance, indicating significant concerns regarding the organization's governance and transparency. Key issues include a complete lack of independent board members, missing financial statements, and the absence of several essential policies, such as conflict of interest and whistleblower policies.

Despite these shortcomings, the organization demonstrates some positive aspects, such as an 82.84% program expense ratio, indicating that a substantial portion of its expenses is directed toward its programs. Additionally, it has documented board meeting minutes, which suggests some level of organizational structure. However, the lack of transparency and accountability measures severely undermines its overall score.

Overall, Vip & Associates Inc must address its significant governance deficiencies to improve its standing and build trust with donors and stakeholders. The absence of critical policies and independent board oversight raises concerns about its operational integrity and financial management.

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

Vip & Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vip & Associates 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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