Conejo Oaks Symphony Inc

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

Conejo Oaks Symphony Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of performance based on its accountability and finance metrics. The charity scores particularly well in areas such as an independent board composition and the absence of any material diversion of assets, demonstrating a commitment to responsible governance.

Despite these strengths, the organization does have notable gaps in its policies, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and accountability. While these missing elements do affect the overall score, the organization's ability to manage its finances effectively is underscored by its high program expense ratio of 78.86%.

Overall, while Conejo Oaks Symphony Inc showcases solid financial stewardship and governance in certain aspects, addressing its policy shortcomings could enhance its credibility and effectiveness in the nonprofit sector.

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

Conejo Oaks Symphony Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conejo Oaks Symphony 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.cvyo.org