Lubbock Area Addiction Service Inc

Charity Navigator Rating: Needs Improvement

Lubbock Area Addiction Service Inc has received a two-star rating from Charity Navigator, indicating that there are several areas needing enhancement despite a decent overall score of 73%. The organization exhibits strong governance, with an independent board that scores a perfect 10 out of 10 for both the majority of independent board members and the size of the board. They also demonstrate good financial management, with a low liabilities-to-assets ratio and a program expense ratio of 100%, suggesting that all expenses are directed towards their programs.

However, the organization has notable shortcomings in accountability and transparency. They lack essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received a score of zero. Additionally, there is no availability of the tax form on their website, which may hinder potential donors from verifying the organization’s financial health and practices.

Overall, while Lubbock Area Addiction Service Inc shows strengths in certain governance areas and financial ratios, the missing policies and documentation impact its rating, highlighting the need for improvements in organizational transparency and accountability to foster greater trust among stakeholders.

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

Lubbock Area Addiction Service Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock Area Addiction Service 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

For more financial information, click here