Panhandle Area Sheltered Workshop Inc

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Panhandle Area Sheltered Workshop Inc received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization's strong independent board, with 100% of its members being independent and a well-structured board size, positively contributes to its governance. Furthermore, there are no reports of material diversion of assets, and the organization documents its board meeting minutes, indicating transparency in its operations.

The nonprofit has an impressive program expense ratio of 92.76%, suggesting that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, it maintains a low liabilities to assets ratio of 6.22%, which highlights its financial stability. However, the overall score of 67% indicates that there may be areas for improvement in accountability and financial practices to enhance its standing and trust with donors.

While the organization demonstrates a solid commitment to responsible management and effective program delivery, the moderate rating suggests that stakeholders should carefully consider its financial practices and overall impact before making donations.

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

Panhandle Area Sheltered Workshop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panhandle Area Sheltered Workshop 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: $46,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,899,347

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