Colombianitos Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Colombianitos Inc received a two-star rating from Charity Navigator, indicating a need for improvement with an overall score of 67%. The organization demonstrates strong governance practices, evidenced by 100% independent board members and the presence of key policies like conflict of interest and whistleblower policies. Additionally, it shows a low liabilities-to-assets ratio of 14.75%, suggesting solid financial health in terms of debt management.

However, the nonprofit faces significant challenges in financial transparency, as it has not provided financial statements on its website, which significantly impacts its accountability score. The absence of a document retention and destruction policy further detracts from its overall rating. While the program expense ratio is decent at 62.28%, the lack of posted financial information hinders potential donors from fully assessing its effectiveness and operational integrity.

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

Colombianitos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colombianitos 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: $332,892

For more financial information, click here

Official website here: www.colombianitos.org