Logan County Council On Aging Inc

Charity Navigator Rating: 73%, Two-Star out of Four Stars

Logan County Council On Aging Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating is primarily based on the organization’s accountability and finance score, which stood at 73% for the most recent fiscal year (FY2023). This score reflects the organization's efforts in maintaining transparency and responsible financial practices.

Strengths noted in the rating include a fully independent board, with all 10 members being independent, which contributes positively to governance. Additionally, the organization recorded no material diversion of assets and maintained a commendable program expense ratio of 80.17%, indicating that a significant portion of funds is directed towards its programs rather than overhead. The organization also documents its board meeting minutes, further supporting accountability.

However, despite these strengths, a Two-Star rating suggests that there could be areas for improvement in financial management and operational effectiveness that may not have been fully addressed. Stakeholders may want to monitor the organization's ongoing performance to ensure continued adherence to best practices in nonprofit governance.

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

Logan County Council On Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Logan County Council On Aging 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: $0

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