Les Dames D'Aspen Ltd

Charity Navigator Rating: 76%, Three-Star out of Four Stars

Les Dames D'Aspen Ltd has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is primarily based on its Accountability & Finance beacon, with a notable emphasis on the organization's strong governance practices, as evidenced by having 80% independent board members and no material diversion of assets.

The nonprofit demonstrates a strong program expense ratio of 70.09%, reflecting its commitment to utilizing funds effectively for its mission. However, there are some areas for improvement, such as the absence of a conflict of interest policy, whistleblower policy, and document retention procedures, which received zero out of seven points in their respective evaluations. These gaps may indicate a need for enhanced oversight and transparency.

Despite the mentioned limitations, the organization's financial practices and governance structure are commendable, contributing to its overall positive rating. Stakeholders can take reassurance in the nonprofit's commitment to accountability, though addressing the identified policy shortcomings would further strengthen its operations and trustworthiness.

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

Les Dames D'Aspen Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Les Dames D'Aspen Ltd submitted a form 990EZ, 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.

Official website here: www.lesdamesdaspen.com