Prism Streetlights Inc

Charity Navigator Rating: Needs Improvement

Prism Streetlights Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations and transparency. With a score of 73%, the organization shows promise in areas such as board independence and program expense ratio, where it achieves high scores. However, the lack of financial statements and missing policies significantly impacts its accountability rating.

The organization benefits from a fully independent board and a favorable liabilities to assets ratio, suggesting sound financial management in certain aspects. Its program expense ratio of 96.04% indicates that a substantial portion of its expenses is directed towards its programs, which is a positive sign of its commitment to mission-driven activities.

Nevertheless, important governance documents such as the whistleblower and document retention policies are missing, which raises concerns about the organization's internal controls and transparency. Additionally, the absence of financial statements on its website is a limitation that could hinder trust among potential donors and stakeholders.

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

Prism Streetlights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prism Streetlights 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: $51,635

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Official website here: www.prismstreetlights.org