Pip Ched-Roc Inc

Charity Navigator Rating: 58% (One-Star out of Four Star rating)

Pip Ched-Roc Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability. While the charity shows strengths in having a fully independent board and maintaining high program expense ratios, its liabilities exceed its assets at a ratio of 111.15%, which raises red flags about its financial stability. The overall score of 58% suggests that there are areas needing improvement to ensure better operational transparency and sustainability.

The organization demonstrates positive practices by documenting board meeting minutes and maintaining a majority of independent board members, both of which contribute positively to governance. However, the high level of liabilities is a critical issue that could impact its future funding and service delivery capabilities. The program expense ratio of 93% is commendable, indicating that most of its resources are directed toward program activities rather than administrative costs.

Despite its strengths, the financial challenges highlighted by the liabilities to assets ratio suggest that potential donors and stakeholders should exercise caution. Ensuring long-term viability will require addressing these financial concerns and improving overall accountability measures.

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

Pip Ched-Roc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pip Ched-Roc 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: $30,116

For more financial information, click here