West Side Clt

Charity Navigator Rating: 48%

West Side CLT has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity has a notably high percentage of independent board members and has no reported material diversion of assets. However, the organization lacks essential policies, such as a whistleblower policy and a document retention policy, which are critical for transparency and governance.

The evaluation shows that while West Side CLT excels in certain governance aspects, like maintaining an independent board and auditing practices, it falls short in financial management. The program expense ratio is relatively low at 49.82%, suggesting that a significant portion of funds may not be directed towards programs. Additionally, the liabilities to assets ratio of 32.56% raises concerns about financial stability.

Overall, while West Side CLT demonstrates some strengths, such as a committed board and financial transparency in terms of audits, the absence of key operational policies and low program spending relative to expenses pose limitations that may affect donor confidence and long-term viability.

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

West Side Clt is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Side Clt 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: $91,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,387

For more financial information, click here

Official website here: www.westsideclt.org