Logan Theater Inc

Rating from Charity Navigator: 27%, Zero-Star out of Four Star rating.

Logan Theater Inc has received a low score of 27% from Charity Navigator, which translates to a Zero-Star rating. This rating indicates significant concerns regarding the nonprofit's accountability and financial practices. Although the organization has achieved full marks for having a majority of independent board members and for maintaining documentation of board meeting minutes, it falls severely short in several critical areas, such as financial transparency and policy implementation.

The organization lacks key financial statements, which greatly impacts its ability to demonstrate fiscal responsibility and transparency. Additionally, essential policies such as conflict of interest, whistleblower, and document retention are missing, highlighting potential governance weaknesses. The absence of a website listed on the tax form and the failure to post the tax form on its website further diminish its credibility and accessibility to stakeholders.

Despite the positive aspect of having independent board members, the overall lack of financial documentation and essential organizational policies raises red flags about the nonprofit's operations. Potential donors and supporters may need to exercise caution due to these significant deficiencies in accountability and financial management.

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

Logan Theater Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Logan Theater 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: $17,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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