Ut Hospital Auxiliary Gift Shop

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

The Ut Hospital Auxiliary Gift Shop has received a two-star rating from Charity Navigator, indicating that there are several areas needing improvement despite some strengths. The organization scored 67% overall, with a notable achievement in having a fully independent board. This suggests a commitment to governance, as all board members are independent, which can enhance decision-making and oversight.

However, the organization faces significant challenges in transparency and accountability. It received a score of zero for essential policies like conflict of interest, whistleblower protections, and document retention, indicating that these critical governance practices are absent. Furthermore, the lack of financial statements and missing tax form information on their website raises concerns about their financial reporting and accessibility of information to stakeholders.

On a positive note, the organization excels in its financial management, demonstrated by a low liabilities to assets ratio of 7.28% and a high program expense ratio of 92.36%. This suggests that the majority of its resources are directed toward its programs rather than administrative costs. Addressing the identified governance weaknesses could enhance the organization’s accountability and overall impact.

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

Ut Hospital Auxiliary Gift Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ut Hospital Auxiliary Gift Shop 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: $284,723

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