Seagraves Senior Citizens Center Inc

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

Seagraves Senior Citizens Center Inc has received a rating of 73%, indicating a Two-Star classification primarily based on its accountability and finance performance. The organization excels in various metrics, notably achieving a perfect score in areas such as board independence, material diversion of assets, and the documentation of board meeting minutes. The low liabilities to assets ratio further reinforces its financial stability, making it a reliable organization in terms of financial management.

The center's program expense ratio is impressively high at 98.82%, which suggests that a vast majority of its resources are allocated directly to its programs and services for senior citizens. This strong emphasis on programmatic spending indicates a commitment to fulfilling its mission and serving the community effectively.

However, despite its strengths in accountability and financial health, the overall two-star rating suggests there may be areas for improvement or additional transparency that could enhance its standing in the nonprofit community. Stakeholders might consider looking into these aspects to gain a complete understanding of the organization's impact.

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

Seagraves Senior Citizens Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seagraves Senior Citizens Center 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: $155,998

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