Region Iii Workforce Investment Board Of Kanawha County

Rating from Charity Navigator: 73%, Two-Star out of Four Star rating.

The Region III Workforce Investment Board of Kanawha County received a Two-Star rating, indicating that while the organization meets certain accountability standards, there are notable areas for improvement. The organization has a fully independent board and has performed well in areas such as financial audits and conflict of interest policies, indicating a commitment to governance and transparency.

However, the rating reflects significant shortcomings in its financial management practices, particularly with a high liabilities-to-assets ratio of 91.38%, which raises concerns about financial stability. Additionally, the absence of a whistleblower policy and a document retention policy suggests potential vulnerabilities in governance protocols. Furthermore, the nonprofit has not made its tax form publicly available on its website, which detracts from transparency efforts.

Overall, while the organization demonstrates strong commitment to program expenses and has solid governance structures in place, it needs to address its financial management and transparency issues to enhance its overall effectiveness and credibility in the nonprofit sector.

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

Region Iii Workforce Investment Board Of Kanawha County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Region Iii Workforce Investment Board Of Kanawha County 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: $151,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $539,483

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Official website here: www.region3wibkc.org