Lumber River Development Corporation

Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.

Lumber River Development Corporation has received a low evaluation primarily due to its poor accountability and finance practices. The organization has a zero percent score for the majority of its accountability metrics, including the absence of independent board members and missing critical policies such as conflict of interest and whistleblower protections. While it shows a 100% program expense ratio, indicating that it allocates all its funding to its programs, its overall financial management raises significant concerns.

The organization has also failed to provide essential transparency measures, such as a website listed on its tax form and posting its tax forms on its website. These omissions reflect a lack of adherence to best practices for nonprofit governance, making it difficult for potential donors or stakeholders to assess its operations effectively.

Additionally, a concerning liability to assets ratio of 127.57% suggests a precarious financial situation that may hinder its sustainability and operational effectiveness in the long term. Without substantial improvements in its governance and transparency practices, Lumber River Development Corporation may struggle to gain trust and support from the community and potential donors.

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

Lumber River Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumber River Development Corporation 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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