Voa Olympia Inc

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Voa Olympia Inc has received a score of 84%, achieving a Three-Star rating based on its accountability and finance metrics. The organization demonstrates strong governance practices, with 83% of its board members being independent, which highlights a commitment to transparency and ethical oversight. The absence of material diversion of assets and the presence of comprehensive conflict of interest, whistleblower, and document retention policies further reinforce its accountability standards.

The program expense ratio is notably high at 96.70%, indicating that a significant portion of its expenditures goes directly toward its mission-related activities. This is a positive aspect for donors looking to ensure their contributions are effectively utilized. However, the liabilities to assets ratio of 63.43% may raise some concerns regarding the overall financial health of the organization, suggesting a higher reliance on liabilities in relation to its assets.

While Voa Olympia Inc showcases commendable governance and effective program spending, potential donors may want to consider its financial position reflected in the liabilities to assets ratio. Overall, the organization appears committed to maintaining high standards of accountability and transparency in its operations.

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

Voa Olympia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Voa Olympia 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: $18,491

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