Jacksboro Vision Group Inc

Charity Navigator Rating 80% - Three-Star out of Four Star Rating

Jacksboro Vision Group Inc has achieved a solid 80% score, earning a Three-Star rating on Charity Navigator. This rating is indicative of strong accountability and financial practices, reflecting the organization’s commitment to transparency and responsible management of funds. The assessment is based entirely on their performance in the accountability and finance category.

The nonprofit boasts an independent board with 100% of its members being independent, which is a significant strength. The organization has a good track record in maintaining no material diversion of assets and demonstrates a robust conflict of interest policy. Additionally, they provide documentation of board meeting minutes, further enhancing their accountability.

Financially, Jacksboro Vision Group Inc shows a positive liability to assets ratio and an impressive program expense ratio of 99.45%, indicating that nearly all funds are directed toward their mission-oriented programs. However, while the organization demonstrates strong financial health, ongoing transparency in future fiscal years will be crucial to maintain and potentially improve their rating.

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

Jacksboro Vision Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacksboro Vision Group Inc submitted a form 990EZ, 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.