Common Good Press

Charity Navigator Rating: 26%

Common Good Press has received a low rating of 26%, resulting in a Zero-Star out of Four Star rating. This assessment indicates significant concerns regarding the organization's accountability and financial practices. A key issue is the complete lack of independent board members, which raises questions about governance and oversight. Although there are no reported material diversions of assets, other areas of financial management require improvement.

The organization's financial metrics show a concerning liabilities-to-assets ratio of 526.78%, which suggests potential financial instability. Furthermore, while their program expense ratio is relatively moderate at 55.14%, it is still below the threshold that would indicate strong programmatic spending relative to total expenses. The absence of a whistleblower policy and inadequate documentation practices, such as missing board meeting minutes, also detracts from their overall accountability.

Despite some positive aspects such as having listed a conflict of interest policy and the website being properly cited on their tax form, the overall governance structure and financial health of Common Good Press present significant challenges. Ongoing improvements in these areas are essential for building trust and ensuring the sustainability of their operations.

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

Common Good Press is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Good Press submitted a form 990EZ, 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.

Official website here: www.catalystmagazine.net