Tri-River Transit Authority

Charity Navigator Rating: 1 Star

Tri-River Transit Authority has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with no material diversion of assets, its overall score sits at 58%, reflecting notable deficiencies in transparency and financial reporting.

The authority has a strong governance structure with 100% independent board members, and its liabilities to assets ratio is favorable, showing sound financial health in that regard. However, the lack of financial statements and several missing policies, including a whistleblower policy and document retention guidelines, raises questions about its operational transparency and accountability.

Furthermore, the absence of a website listed on its tax form and missing documents such as the tax form on its nonprofit website further contribute to its low rating. Overall, while Tri-River Transit Authority has some structural strengths, it must address these critical transparency issues to improve its standing and effectiveness as a nonprofit organization.

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

Tri-River Transit Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-River Transit Authority 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: $1,386,297

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