Colorado Renewable Energy Society

Charity Navigator Rating: 65% (Two-Star out of Four Stars)

The Colorado Renewable Energy Society has received a 65% rating from Charity Navigator, indicating a two-star evaluation. This score reflects a moderate level of accountability and financial health, with strengths in areas such as having a fully independent board and no material diversion of assets. However, there are notable weaknesses, particularly in governance policies, with the absence of a whistleblower policy and document retention protocol.

Financially, the organization has a solid liabilities to assets ratio of 0.00%, signifying that it is not over-leveraged. Nevertheless, its program expense ratio of 55.64% suggests that a smaller portion of its budget is being directed towards programmatic activities relative to administrative costs. This could raise concerns about the impact of its initiatives, as a higher program expense ratio is generally preferred in the nonprofit sector.

In summary, while the Colorado Renewable Energy Society demonstrates effective governance structures and financial stability, it faces challenges in its operational transparency and program funding, which could hinder its overall effectiveness and community trust.

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

Colorado Renewable Energy Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Renewable Energy Society 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: $0

For more financial information, click here

Official website here: www.cres-energy.org