Posabilities Inc

Rating from Charity Navigator: One-Star out of Four Stars (53%)

Posabilities Inc has received a One-Star rating from Charity Navigator, with an overall score of 53%. This rating reflects significant concerns regarding accountability and finance practices within the organization. Notably, the charity lacks independent board members, conflict of interest and whistleblower policies, as well as a document retention policy. These deficiencies may raise questions about governance and oversight.

Despite these weaknesses, Posabilities Inc demonstrates a commendable commitment to its programs, as evidenced by an impressive program expense ratio of 96.06%. This indicates that the majority of its expenditures are directed towards fulfilling its mission rather than administrative costs. The organization also reported no material diversion of assets, showcasing financial integrity in that aspect.

However, the absence of key policies and practices suggests that Posabilities Inc could improve its transparency and governance structures. The lack of documented board meeting minutes and tax forms on its website further highlights areas for enhancement. Addressing these limitations could help bolster the charity's reputation and accountability in the eyes of potential donors and stakeholders.

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

Posabilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Posabilities 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: $215,214

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Official website here: www.posabilities.us