Certified Development Corporation Of South Carolina

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The Certified Development Corporation Of South Carolina has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with a score of 76%. The rating is primarily based on the organization’s accountability and finance metrics, indicating a strong emphasis on ethical management and financial stewardship.

Strengths of the organization include a fully independent board, with 100% independent members contributing to robust governance practices. The organization also demonstrates effective use of its resources, with an impressive program expense ratio of 88.38%, suggesting that a large portion of its funds are directed towards program services rather than administrative costs.

However, there are notable areas for improvement, particularly the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements indicate potential gaps in the organization's operational transparency and risk management, which could be addressed to enhance its overall governance framework.

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

Certified Development Corporation Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Certified Development Corporation Of South Carolina 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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Official website here: www.businessdevelopment.org