Downtown Shreveport Unlimited

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)

Downtown Shreveport Unlimited has received a Two-Star rating from Charity Navigator, indicating that there are notable areas for improvement in its organizational practices. The overall score of 71% reflects a solid program expense ratio of 84.20%, suggesting that a significant portion of funds is allocated directly to its programs. However, the absence of independent board members and missing key policies like a whistleblower and document retention policy raise concerns about governance and transparency.

The organization has shown strength in the management of its financial statements, achieving full points in that area, and it has not reported any material diversion of assets. Nevertheless, the lack of a website listed on the tax form and failure to post important documents such as the tax form on its website are important limitations that detract from its accountability.

Overall, while Downtown Shreveport Unlimited demonstrates some effective financial management practices, the lack of independent oversight and transparency measures suggests a need for significant improvements in governance to enhance trust and credibility with stakeholders.

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

Downtown Shreveport Unlimited is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Shreveport Unlimited 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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