Manatee Elementarypta Florida Congress

Charity Navigator Rating: 51%

Manatee Elementary PTA Florida Congress has received a rating of 51%, which corresponds to a One-Star out of Four Star rating. This score reflects concerns about the organization's accountability and financial health, particularly in its program expense ratio, which is 52.65%. A lower score in this area indicates that a smaller portion of its expenses is directed towards its programs, raising questions about the effectiveness of its resource allocation.

Despite the overall low rating, the organization demonstrates several strengths in governance and transparency. It boasts a fully independent board with 100% independent members, and it maintains proper documentation of board meeting minutes. Additionally, there are no material diversions of assets, and the liabilities to assets ratio is exceptionally low at 0.00%, indicating sound financial management in terms of debt.

However, the significant concern remains regarding its program expense ratio, which suggests that the majority of its expenditures may not be effectively contributing to its mission. Overall, while the organization displays strong governance practices, improvements in financial efficiency and program impact are necessary to enhance its overall rating and effectiveness.

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

Manatee Elementarypta Florida Congress is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manatee Elementarypta Florida Congress 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

For more financial information, click here