Polk County Development Center Inc

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Polk County Development Center Inc has achieved a Three-Star rating on Charity Navigator, reflecting a strong focus on accountability and finance. This score is bolstered by a perfect score in areas such as independent board governance and financial oversight, indicating that the organization is well-managed and transparent in its operations.

The organization demonstrates a high commitment to its mission, with a program expense ratio of 85.14%, meaning that the vast majority of its funding is directed toward programs rather than administrative costs. Additionally, the absence of material diversion of assets showcases its sound financial practices. The board members are fully independent, which enhances the integrity of the organization's decision-making processes.

However, there are noted limitations in the area of policy documentation, as the charity lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. While these gaps in policy may not directly impact the organization's financial health, they could affect its overall governance framework.

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

Polk County Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polk County Development 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: $1,899,156

For more financial information, click here

Official website here: www.pcdcmena.com