Central Iowa Recovery Inc

Charity Navigator rating: One-Star out of Four Stars (52%)

Central Iowa Recovery Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization scored 52% overall, indicating notable deficiencies in areas such as board independence, financial transparency, and the presence of essential policies. The absence of independent board members and missing financial statements raises red flags about governance and oversight.

Despite the weaknesses noted, Central Iowa Recovery Inc demonstrates a strong commitment to program expenses, achieving a perfect program expense ratio of 100%. This suggests that all funds are being directed towards its mission-related activities. However, the lack of transparency and proper documentation practices, such as missing a website link on the tax form and a conflict of interest policy, could undermine stakeholder trust and stakeholder engagement.

The organization’s performance on aspects like the liabilities to assets ratio is commendable, which indicates financial stability. Nevertheless, the overall rating highlights a need for improvements in governance, policy implementation, and financial reporting to ensure greater accountability and enhance the organization's credibility within the nonprofit sector.

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

Central Iowa Recovery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Iowa Recovery 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: $212,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,342

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