York W Williams Jr Dev Cnt Inc

Charity Navigator Rating: One-Star out of Four Stars (56%)

York W Williams Jr Dev Cnt Inc received a One-Star rating from Charity Navigator, indicating significant concerns related to its financial practices and transparency. The organization's overall score of 56% reflects weaknesses in several key areas, particularly in financial statements and the liabilities to assets ratio, which stands at 138.40%. However, the charity demonstrates a positive aspect with a 93.92% program expense ratio, suggesting that a large portion of its funds is directed towards its programs.

The nonprofit has a fully independent board, with all eight members meeting the criteria for independence, which reinforces its governance structure. Additionally, it successfully maintains a conflict of interest policy and has documented board meeting minutes. However, the absence of a whistleblower policy and a document retention policy raises concerns about its internal controls and accountability.

Overall, while the charity shows strengths in its board independence and program spending, the lack of financial transparency and necessary policies suggests that potential donors should exercise caution and further investigate the organization before contributing.

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

York W Williams Jr Dev Cnt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. York W Williams Jr Dev Cnt 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $673,040

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