Northside Music School Inc

Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.

Northside Music School Inc has received a low score of 38%, resulting in a Zero-Star rating. This rating is predominantly based on the Accountability & Finance beacon, highlighting significant shortcomings in governance and transparency. The absence of independent board members and missing policies for conflicts of interest, whistleblowing, and document retention have contributed to the low score.

Despite these organizational weaknesses, Northside Music School shows a positive aspect in its program expense ratio, which stands at 100%. This indicates that the charity allocates all its expenses directly towards its programs, suggesting a commitment to its mission of providing music education. However, the high liabilities to assets ratio of 244.92% raises concerns about financial stability and the organization's ability to sustain its operations in the long term.

Overall, the evaluation points to essential areas of improvement for Northside Music School Inc, particularly in governance practices and financial management. Enhanced transparency and accountability measures are necessary for building trust with stakeholders and ensuring the organization can adequately fulfill its mission.

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

Northside Music School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northside Music School 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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