Opera In The Heights

Charity Navigator Rating: Needs Improvement (64%)

Opera In The Heights has received a two-star rating from Charity Navigator, indicating that while it has some strengths, there are notable areas for improvement. The organization has a fully independent board of directors, which is a positive sign for governance. Additionally, it has demonstrated good management of its assets, as evidenced by its low liabilities to assets ratio of 8.28%.

However, the nonprofit faces significant challenges in its financial transparency, notably failing to provide financial statements on its website. This lack of transparency affects its overall accountability score and raises concerns about the organization's fiscal practices. While it has some policies in place, such as a conflict of interest policy and document retention policies, it lacks a whistleblower policy and has not posted its tax forms online, which further detracts from its accountability efforts.

Overall, while Opera In The Heights has strong governance mechanisms and manages its assets well, the absence of critical financial documentation and policies indicates that there is work to be done to improve its standing and trustworthiness among stakeholders.

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

Opera In The Heights is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opera In The Heights 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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Official website here: www.operaintheheights.org