Sheet Metal Workers International Local 21 Baton Rouge Educational Trust Fund

Charity Navigator Rating: One-Star out of Four Stars (57%)

The Sheet Metal Workers International Local 21 Baton Rouge Educational Trust Fund has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices. The overall rating is primarily derived from its Accountability & Finance score of 57%, which highlights potential inefficiencies in how funds are allocated towards programs versus administrative costs.

One of the strengths noted in the evaluation includes a fully independent board, with 100% of its eight members meeting this criterion. The organization also demonstrates robust oversight mechanisms, evident from its strong scores in areas such as financial statements and absence of asset diversion. However, the major drawback is its low program expense ratio of 50.28%, suggesting that less than half of its budget is directed towards its intended educational programs.

Despite the commendable governance structure, the financial performance metrics raise concerns about the operational effectiveness of the organization. Stakeholders may want to consider these factors when evaluating the impact and sustainability of their contributions to the Trust Fund.

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

Sheet Metal Workers International Local 21 Baton Rouge Educational Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers International Local 21 Baton Rouge Educational Trust Fund 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: $65,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,045

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