Rincon De San Lazaro

Charity Navigator Rating: 12% (Zero-Star out of Four Star rating)

Rincon De San Lazaro has received a low rating of 12% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has not published essential financial statements, which raises questions about transparency and governance.

The organization has a notable absence of policies that are crucial for maintaining ethical standards, such as conflict of interest and whistleblower policies. Moreover, it has failed to provide a website link on its tax form, further complicating its credibility. While the organization has documented board meeting minutes, this alone does not mitigate the overall accountability issues reflected in its rating.

Financially, Rincon De San Lazaro's program expense ratio stands at a mere 3.42%, suggesting that a very small portion of its resources is directed toward its intended programs. Coupled with its high liabilities to assets ratio of 2.42%, these factors imply potential financial instability and inefficiency in its operations. Overall, the charity’s performance and transparency are concerning, necessitating improvements to regain donor trust and enhance operational effectiveness.

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

Rincon De San Lazaro is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rincon De San Lazaro 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: $146,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,171

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