Wellsville Days Inc

Charity Navigator Rating: 0 Stars

Wellsville Days Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored just 13% on the Accountability & Finance scale, primarily due to a complete lack of independent board members and missing critical governance policies like conflict of interest and whistleblower protections.

Strengths noted include the absence of material diversion of assets, indicating that the organization has not mismanaged its resources in that regard. They also correctly listed their website on the tax form, which reflects some level of transparency. However, the overall governance structure appears weak, with no documented board meeting minutes, which is essential for accountability.

The lack of independent oversight and poor financial reporting practices raises red flags for potential donors and stakeholders. The organization’s liabilities to assets ratio is also concerning, as it shows no program expenses reported, suggesting that funds may not be utilized effectively for their intended purpose. These factors collectively contribute to the low rating and should be considered carefully by anyone looking to support Wellsville Days Inc.

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

Wellsville Days Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellsville Days 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: $0

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Official website here: www.wellsvilledaysks.com