American Society For Precision Engineering Inc

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (69%)

The American Society For Precision Engineering Inc has received a "Needs Improvement" rating with a score of 69%, indicating there are significant areas requiring attention. The organization demonstrates a strong framework with 100% independent board members and a low liabilities to assets ratio, showing solid fiscal management. However, the absence of financial statements and several vital policies, including conflict of interest and whistleblower protections, raises concerns about transparency and governance.

While the organization excels in maintaining a high program expense ratio of over 72%, which suggests a commitment to its mission, the lack of publicly available financial documentation could hinder trust among potential donors. This absence of crucial policies may also impact operational integrity and accountability.

Overall, while there are commendable aspects related to board independence and program expenditures, the American Society For Precision Engineering Inc must address its transparency issues and implement necessary governance policies to enhance its credibility and overall effectiveness in fulfilling its mission.

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

American Society For Precision Engineering Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society For Precision Engineering 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: $12,669

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Official website here: www.aspe.net