Skaalen Retirement Services Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Skaalen Retirement Services Inc has achieved a 79% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scores particularly well in areas such as having a fully independent board and maintaining robust financial oversight, which reflects a commitment to transparency and sound governance practices.

Strengths include a high program expense ratio of 94.61%, highlighting that the majority of its resources are directed towards its mission-related activities. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, which further bolsters its credibility and operational integrity.

However, a significant area of concern is the liabilities to assets ratio, which stands at 128.29%, indicating a potential financial vulnerability. This suggests that the organization may have more obligations than it has in assets, a factor that could impact its long-term sustainability. Overall, while Skaalen Retirement Services demonstrates strong governance and commitment to its mission, attention should be given to its financial stability.

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

Skaalen Retirement Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skaalen Retirement Services 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: $483,195

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