Society Of Cosmetic Chemists Florida Chapter

Charity Navigator Rating: 27%

The Society of Cosmetic Chemists Florida Chapter has received a low rating of 27%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns in the areas of accountability and finance. While the organization boasts a fully independent board of directors, it fails to provide essential financial documentation and policies that are critical for transparency and governance.

Despite a clean record regarding the diversion of assets and the presence of meeting minutes, the organization lacks a conflict of interest policy, whistleblower policy, and has not made its financial statements available to the public. The absence of these vital governance documents limits the confidence stakeholders may have in the organization’s operations and financial health.

Additionally, the program expense ratio is notably low at only 0.43%, suggesting that a minimal amount of funding is directed towards fulfilling the organization's mission. This raises questions about the effectiveness and impact of the society's activities, highlighting a need for improvement in financial management and public accountability.

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

Society Of Cosmetic Chemists Florida Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Cosmetic Chemists Florida Chapter 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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