Reflection Park Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Reflection Park Inc has received a two-star rating from Charity Navigator, indicating that the organization has significant room for improvement, with an overall score of 61%. The charity demonstrates strengths in governance, including a fully independent board and no material diversion of assets, which are critical for ensuring accountability. However, the organization struggles with several compliance and transparency issues that detract from its overall rating.

One of the main weaknesses highlighted is the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each of which received a zero out of seven points. Additionally, the nonprofit does not post its tax forms on its website, which contributes to its lower score in transparency. Furthermore, the liabilities to assets ratio is notably high at 95.95%, indicating potential financial instability.

Despite these challenges, Reflection Park Inc excels in its program expense ratio, with 93.52% of its expenditures going towards its programs, which reflects a strong commitment to its mission. Addressing the noted governance and financial transparency issues could significantly enhance its standing and effectiveness in serving its community.

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

Reflection Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reflection Park 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: $0

For more financial information, click here

Official website here: www.reflectionpark.org