North Fork Tv Festival Inc

Charity Navigator Rating: 1 Star (58%)

North Fork Tv Festival Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored well in some areas, such as having an entirely independent board and maintaining a high program expense ratio of 85.68%, demonstrating a commitment to its mission. However, several critical governance policies are missing, which negatively impacts its overall score.

The majority of the board members are independent, and the organization documents board meeting minutes, reflecting some positive governance practices. Despite these strengths, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises red flags about its operational transparency and accountability. Additionally, the nonprofit’s high liabilities to assets ratio of 158.08% indicates potential financial instability that could affect its sustainability in the long term.

Overall, while North Fork Tv Festival Inc shows promise through its mission-focused spending and governance structure, the lack of essential policies and financial concerns suggest a need for improvement in its operational practices. Stakeholders may want to consider these factors when evaluating their support for the organization.

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

North Fork Tv Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Fork Tv Festival 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: $65,000

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