Dbsc Inc

Charity Navigator Rating: 63% (Two-Star out of Four Star rating). This rating indicates that Dbsc Inc has some strengths but also notable weaknesses in its financial management and transparency. The organization has a majority of independent board members and a solid program expense ratio, reflecting a commitment to its mission and effective use of funds for program activities.

Strengths include a fully independent board and robust conflict of interest policies, which suggest a commitment to ethical governance. The organization has also demonstrated responsible management in areas such as material diversion of assets and compliance with document retention policies. However, the lack of transparency in financial reporting is concerning, as indicated by poor scores in financial statements and the absence of the tax form on their website.

Limitations are evident in the financial accountability metrics, where the organization scored poorly in areas such as the liabilities to assets ratio and overall financial statements. Moreover, the absence of a whistleblower policy may indicate a gap in protective measures for those reporting unethical practices. Overall, while Dbsc Inc shows potential through its governance and mission focus, significant improvements are necessary in financial transparency and accountability.

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

Dbsc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dbsc 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: $5,680
Other Salaries and Wages: $518,200

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Official website here: www.waterlooaustin.org