Pass Christian Historical Society

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

The Pass Christian Historical Society has received a low rating primarily due to its accountability and financial practices. While the organization shows strengths such as having a fully independent board and no material diversion of assets, significant weaknesses in its financial transparency and program expenses have contributed to its overall score. The society's program expense ratio is notably low at 10.76%, indicating that a small portion of its expenditures directly supports its programs.

Furthermore, the organization lacks essential policies, such as a whistleblower and document retention policy, which are critical for ensuring accountability and transparency. While it has documented board meeting minutes and lists its website on the tax form, the absence of certain key documents has negatively impacted its rating. The liabilities to assets ratio also raises concerns, as it stands at 0.37%, suggesting potential financial instability.

Overall, while the Pass Christian Historical Society demonstrates good governance through its independent board, the lack of effective financial management and missing policies significantly limit its effectiveness and transparency as a nonprofit organization.

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

Pass Christian Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pass Christian Historical Society 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.passhistory.org