Clc Properties Inc

Charity Navigator Rating: 65% (Two-Star out of Four Star Rating)

Clc Properties Inc has received a score of 65%, which translates to a Two-Star rating. This indicates that while the organization demonstrates some accountability and financial health, there are significant areas for improvement. The organization has excelled in maintaining an independent board and managing conflicts of interest, both of which have contributed positively to its rating.

However, the organization has notable weaknesses, particularly in its governance practices. The absence of a whistleblower policy and a document retention and destruction policy has resulted in low scores in these areas. Additionally, the liabilities to assets ratio raises concerns, indicating a potential issue with financial stability. Despite a strong program expense ratio, these limitations suggest that stakeholders should approach with caution.

In summary, while Clc Properties Inc shows strengths in board governance and program spending, the gaps in critical policies and financial ratios highlight areas that need significant attention. Potential donors and supporters are encouraged to consider these factors when evaluating the organization.

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

Clc Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clc Properties 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: $12,332

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