Economic Development On Third

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Economic Development On Third has received a rating of 79%, which translates to a Three-Star designation. This score is derived from an Accountability & Finance beacon, reflecting the organization's strong commitment to financial transparency and responsible management. The absence of any material diversion of assets and a solid liabilities to assets ratio further bolster its financial health.

The organization demonstrates exemplary governance practices, with 100% of its board members being independent, ensuring unbiased decision-making. It has established comprehensive policies, including conflict of interest and whistleblower protections, indicating a robust framework for ethical operations. Additionally, the high program expense ratio of 96.38% suggests that the majority of its resources are directed toward its mission rather than administrative costs.

Overall, while Economic Development On Third shows commendable strengths in accountability and financial management, there may be areas for improvement in program impact and outreach based on user feedback. However, the current data highlights a responsible and well-governed organization focused on its economic development goals.

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

Economic Development On Third is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Development On Third 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: $112,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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