Rockcastle County Development Board Inc

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects some positive aspects of the organization's accountability and financial practices, with strengths noted in areas such as having a majority independent board, a favorable liabilities to assets ratio, and a high program expense ratio of 100%. These factors indicate that the organization is committed to directing its resources toward its programs.

However, there are several significant limitations that impact the overall rating. The organization lacks essential policies and documentation, such as a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, the nonprofit's website is missing important information typically found on tax forms, which raises concerns about transparency and accessibility for stakeholders.

The combined effect of these strengths and weaknesses results in a moderate rating, suggesting that while the Rockcastle County Development Board Inc has solid financial management practices, it needs to address its governance and transparency issues to enhance its credibility and effectiveness in serving its mission.

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

Rockcastle County Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockcastle County Development Board Inc submitted a form 990EZ, 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.