Volunteers Of America In Minnesota

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Volunteers Of America in Minnesota has received a 56% rating from Charity Navigator, indicating significant concerns regarding its financial management and transparency. While the organization excels in governance, with a fully independent board and comprehensive policies in place, it struggles with financial metrics, particularly its program expense ratio, which is reported as 0.00%. This raises questions about how effectively the organization allocates its resources toward its mission.

The accountability and finance score highlights strengths in areas like board governance and adherence to policies, reflecting a commitment to ethical oversight. However, the lack of a posted tax form and a high liabilities-to-assets ratio suggests potential financial instability. These factors contribute to the overall low rating and indicate that improvements are necessary to enhance operational effectiveness and donor trust.

While Volunteers Of America in Minnesota demonstrates a structured governance framework, the critical financial metrics point to limitations that may impact its ability to fulfill its mission effectively. Stakeholders may want to consider these aspects before engaging with the organization or contributing financially.

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

Volunteers Of America In Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteers Of America In Minnesota 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.voamnwi.org