Steered Straight Inc

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

Steered Straight Inc. has received a modest rating of 56%, reflecting significant concerns regarding its accountability and financial practices. While the organization boasts a strong governance structure with 71% of its board being independent and an effective audit and oversight committee, there are notable deficiencies in its financial transparency and policies. The absence of essential policies, such as a conflict of interest policy and a whistleblower policy, raises questions about its operational integrity.

Despite some strengths, including a solid program expense ratio of 59.61%, which indicates a commitment to its mission, the charity struggles with a high liabilities to assets ratio of 166.73%. This suggests potential financial instability, which could hinder its ability to fulfill its objectives effectively. Additionally, important documents like the tax forms are not made readily available on its website, further impacting transparency.

Overall, while Steered Straight Inc. has key governance elements in place, the lack of critical policies and financial concerns highlighted in its Charity Navigator evaluation suggest it may require improvements to enhance accountability and trust among its supporters.

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

Steered Straight Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steered Straight 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: $195,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,508

For more financial information, click here

Official website here: www.steeredstraight.org