Magnolia Elementary Pta 6 15 2

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Magnolia Elementary PTA has received a low score of 56% from Charity Navigator, indicating significant concerns regarding its governance and accountability practices. The organization has no independent board members, which is a notable weakness in terms of ensuring objective oversight. Although there is no diversion of assets, the lack of key policies such as conflict of interest and whistleblower protection raises questions about the organization's commitment to transparency.

On a positive note, Magnolia Elementary PTA reports a high program expense ratio of 90.97%, reflecting a strong focus on its mission-related activities. The entity manages its liabilities effectively, with a ratio of 0.00%, showing sound financial stability in this aspect. Additionally, the charity's tax form is listed on its website, contributing to a degree of transparency in its operations.

However, the absence of independent board members and missing essential governance policies indicate areas that need significant improvement. These shortcomings could hinder the trust and confidence of potential donors and community members, ultimately affecting the organization’s overall effectiveness.

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

Magnolia Elementary Pta 6 15 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Elementary Pta 6 15 2 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

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Official website here: www.magnoliaschoolpta.org