Sangre De Cristo Arts & Conference Center Inc

Charity Navigator Rating: 46%, Zero-Star out of Four Star rating

Sangre De Cristo Arts & Conference Center Inc has received a low rating from Charity Navigator, reflecting concerns about its financial health and accountability practices. While the organization boasts a fully independent board and has no material diversions of assets, it struggles significantly in its program expense ratio and overall financial management.

Strengths include their governance structure, with 100% of board members being independent, which is a positive indicator for transparency and conflict of interest oversight. The organization also maintains a good audit and oversight committee, highlighting their commitment to financial integrity in that area. However, the absence of crucial policies such as a whistleblower and document retention policy raises red flags regarding their internal controls.

Limitations are evident in the organization's financial metrics, particularly a very low program expense ratio of 37.90% and a concerning liabilities to assets ratio of 1.23%. Additionally, the failure to post tax forms on their website and missing key policies further detracts from their accountability and transparency efforts, limiting their overall effectiveness and trust among stakeholders.

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

Sangre De Cristo Arts & Conference Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sangre De Cristo Arts & Conference Center 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: $1,293,494

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