Junior League Of Colorado Springs

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

The Junior League of Colorado Springs has received a low rating of 54%, indicating significant areas for improvement in accountability and finance. Notably, the organization has a complete lack of independent board members, which raises concerns about governance and oversight. While it has demonstrated positive handling of asset diversion and maintains transparency by listing its website on its tax form, there are critical policies missing, such as a whistleblower policy and document retention guidelines.

On the financial side, the organization shows a reasonable liabilities to assets ratio at 12.78%, suggesting it is not overly indebted. However, its program expense ratio of 62.41% reflects that a substantial portion of its expenses may not be directed towards its programs, which could detract from its overall mission effectiveness. The Junior League of Colorado Springs does list its financial documents on its website, which is a positive accountability measure, but the absence of key policies and board meeting minutes illustrates a need for enhanced governance practices.

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

Junior League Of Colorado Springs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Junior League Of Colorado Springs 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: $2,334

For more financial information, click here

Official website here: www.jlcoloradosprings.org