North Central Montana Economic Develpment District

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

The North Central Montana Economic Development District has received a low rating of 50%, which indicates significant concerns regarding its accountability and financial practices. The organization has been noted for having no independent board members, which raises questions about governance and oversight. Furthermore, the absence of key policies, such as whistleblower and conflict of interest policies, suggests a lack of transparency in operations.

On a positive note, the organization appears to manage its resources effectively, with a program expense ratio of 95.07%, indicating that a large portion of its expenditures is directed towards its programs. The liabilities to assets ratio is also strong at 0.27%, suggesting that the organization maintains a solid financial foundation. However, the lack of essential documentation and policies on their website reflects poorly on their commitment to accountability.

Overall, while the North Central Montana Economic Development District demonstrates strong programmatic focus and financial stability, the significant gaps in governance and transparency policies are notable weaknesses that potential donors and stakeholders should consider.

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

North Central Montana Economic Develpment District is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Central Montana Economic Develpment District 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: $68,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,134

For more financial information, click here