Minnesota Cit Officers Association

Charity Navigator Rating: 71% (Two-Star out of Four Stars)

The Minnesota City Officers Association has received a Two-Star rating from Charity Navigator, reflecting an overall score of 71%. This score is primarily based on its accountability and finance metrics, where the organization demonstrated strong governance practices, including having a fully independent board and no material diversion of assets. The charity also maintains transparency with its website listed on the tax form and has documented board meeting minutes available.

Despite these strengths, the organization has received points deducted for missing policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction guidelines. These omissions indicate areas where the organization could strengthen its governance and operational integrity.

In terms of financial health, the organization shows a favorable liabilities to assets ratio of approximately 41%, and its program expense ratio is over 65%, which suggests a focus on mission-related activities. However, addressing the noted policy gaps would enhance its accountability and potentially improve future ratings.

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

Minnesota Cit Officers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Cit Officers Association 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: $110,403

For more financial information, click here

Official website here: www.mncit.org