Veterans Changing Services Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%)

Veterans Changing Services Inc has been assessed with a Two-Star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and transparency. With an overall score of 62%, the organization demonstrates a reasonable program expense ratio of 68.89%, suggesting that a substantial portion of its funding is directed towards its programs. However, the lack of independent board members raises concerns about governance practices.

The nonprofit scores well in areas such as material diversion of assets, conflict of interest policy, and its liabilities to assets ratio, which reflects sound financial management. Notably, the organization has documented its board meeting minutes, demonstrating some level of operational accountability. However, the absence of a whistleblower policy and a document retention policy could compromise its transparency.

Overall, while Veterans Changing Services Inc shows strengths in certain financial practices, the lack of independent oversight and missing governance policies highlight areas that need attention to improve accountability and overall effectiveness. Addressing these weaknesses could enhance the organization's standing and further support its mission.

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

Veterans Changing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Changing 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: $0

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Official website here: www.veteranslcs.org