Lorien Wood

Charity Navigator Rating: Needs Improvement (Two Stars, 69%)

Lorien Wood has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvements in its accountability and financial practices. With an overall score of 69%, the organization shows strengths in having a fully independent board and good management of its program expenses, with 92.47% of expenses allocated to programs. This is a positive sign that a significant portion of their funding is directed towards fulfilling their mission.

However, the rating highlights several critical areas where Lorien Wood falls short. The absence of financial statements and key policies, such as a conflict of interest policy, whistleblower policy, and document retention guidelines, contributed to a low score in accountability. Additionally, the nonprofit has not posted its tax form on its website, which limits transparency regarding its financial operations.

While the organization manages its assets responsibly with a low liabilities to assets ratio of 5.48%, the lack of critical documentation and policies raises concerns about governance practices. Overall, while Lorien Wood demonstrates a strong commitment to program-related activities, it must address its governance and transparency issues to improve its rating and public trust.

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

Lorien Wood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorien Wood 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: $84,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $784,542

For more financial information, click here

Official website here: www.lorienwood.org