Lambda Center

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Lambda Center holds a Three-Star rating on Charity Navigator, reflecting a solid performance in accountability and finance. The organization benefits from a fully independent board, which is essential for maintaining transparency and effective governance. Notably, there have been no material diversions of assets, and the program expense ratio is commendably high at 84.64%, indicating a strong focus on its mission-driven activities.

However, there are several areas of concern. The absence of critical policies such as conflict of interest, whistleblower protections, and document retention raises questions about the organization's internal governance practices. Additionally, while the board meeting minutes are documented, the lack of readily accessible tax forms on the nonprofit's website suggests a need for improved transparency.

Overall, while Lambda Center demonstrates strengths in financial management and board independence, addressing its governance gaps would enhance its credibility and operational integrity.

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

Lambda Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lambda Center 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: $58,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.lambdahouston.org