Rva Hampton Roads Mega Region Collaborative

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating reflects the organization's accountability and financial health, though it indicates room for improvement. A score of 73 in this category suggests that while the organization performs adequately in several areas, there are critical policies missing that could enhance its governance and transparency.

The Rva Hampton Roads Mega Region Collaborative Dba Rva757 Connects shows strengths in its governance structure, with 95% of its board members being independent and a strong program expense ratio of 87.20%. This indicates that the majority of its expenditures are directed toward its programs, which is a positive sign of its commitment to its mission. Additionally, there are no material diversions of assets, showing financial integrity.

However, the organization lacks a whistleblower policy and a document retention and destruction policy, which are significant areas for improvement. Addressing these gaps could bolster its governance and increase trust among stakeholders. Overall, while the organization demonstrates a solid foundation, enhancing its policies would likely lead to a higher rating and greater confidence from donors and the community.

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

Rva Hampton Roads Mega Region Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rva Hampton Roads Mega Region Collaborative 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.rva757connects.com