African American Credit Union Coalition

Charity Navigator Rating: 66%, Two-Star out of Four Star rating.

The African American Credit Union Coalition has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization exhibits strong governance with a fully independent board and effective audit oversight. However, the overall score reflects significant weaknesses in transparency, as key documents like tax forms and conflict of interest policies are missing from their website.

A notable strength of the coalition is its exemplary liabilities to assets ratio, indicating solid financial stability. Additionally, they have a reasonable program expense ratio, though it is below standards for higher ratings. The organization displays commitment to governance with documented board meeting minutes and a solid document retention policy, yet the absence of critical policies suggests areas needing improvement.

In summary, while the African American Credit Union Coalition demonstrates strong accountability and has some solid financial practices, its lack of transparency and missing governance policies are potential concerns for donors and supporters looking for comprehensive accountability measures.

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

African American Credit Union Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. African American Credit Union Coalition 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: $242,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,266

For more financial information, click here