Midcoast Recovery Coalition

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Midcoast Recovery Coalition has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scores particularly well in areas such as board independence and financial ratios, demonstrating strong governance practices and effective use of resources, with 89.86% of its expenses directed towards programs.

The majority of the board members are independent, which is a positive sign for organizational integrity. However, the charity faces some limitations, particularly the absence of essential policies such as a conflict of interest and whistleblower policy. This could raise concerns about transparency and governance practices moving forward.

While the charity's financial management appears sound, with a low liability-to-assets ratio, the lack of key policies may warrant attention. Overall, Midcoast Recovery Coalition shows promise with its strong financial commitment to programs but could improve its governance framework to enhance trust and accountability.

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

Midcoast Recovery Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midcoast Recovery Coalition 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: $182,913

For more financial information, click here

Official website here: www.midcoastrecovery.org