Troy-Pike Cultural Arts Center Inc

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.

The Troy-Pike Cultural Arts Center Inc has received a low rating primarily due to issues related to accountability and financial management. While the organization boasts a fully independent board and has not diverted any assets, it lacks essential policies such as conflict of interest and whistleblower protections. This absence of critical governance frameworks contributes significantly to its poor score.

Additionally, the organization shows concerning financial ratios, including a low program expense ratio of 48.72% and a liabilities-to-assets ratio of 0.36%. These figures suggest that a significant portion of resources may not be directed towards programmatic activities, raising questions about the effectiveness of its financial operations. While the center has met some transparency requirements, such as listing its website on the tax form, the overall governance and financial accountability issues overshadow these positives.

In summary, while the Troy-Pike Cultural Arts Center demonstrates some strengths in board independence and asset management, its lack of essential policies and poor financial ratios present significant limitations. This combination ultimately leads to its unfavorable standing within Charity Navigator.

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

Troy-Pike Cultural Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troy-Pike Cultural Arts Center Inc 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: $75,409

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Official website here: www.tpcac.org