Synchrony Of Visalia Inc

Charity Navigator Rating: Needs Improvement

Synchrony Of Visalia Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization has significant areas needing improvement. The overall score of 60% reflects challenges in accountability and financial transparency, particularly with a lack of independent board members and missing financial statements. Though they do have a conflict of interest policy and a whistleblower policy in place, the absence of required documents such as their website on the tax form and guidelines for document retention raises concerns.

The organization performs reasonably well with a program expense ratio of 70.58%, suggesting that a significant portion of their budget is allocated towards their programs. However, the absence of independent board oversight and transparency in financial reporting limits their credibility and effectiveness. The liabilities to assets ratio of 49.38% shows a manageable level of debt, which is a positive aspect amidst the overall concerns.

To enhance their standing, Synchrony Of Visalia Inc would benefit from addressing the gaps in their governance and financial documentation. Improving these areas could lead to increased trust from stakeholders and potential donors, ultimately strengthening their ability to fulfill their mission.

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

Synchrony Of Visalia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Synchrony Of Visalia 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: $409,563

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