Concha Ortiz Y Pino De Kleven Corporation

Charity Navigator Rating: Needs Improvement

Concha Ortiz Y Pino De Kleven Corporation has received a two-star rating from Charity Navigator, indicating that it requires improvement in its financial management and transparency practices. While the organization scored well in areas such as having a majority of independent board members and maintaining a strong program expense ratio, it struggles significantly with its liabilities, which greatly exceed its assets.

The organization demonstrates strong governance practices, evidenced by its conflict of interest policy and the documentation of board meeting minutes. The presence of an independent board is a positive aspect, contributing to its accountability. However, the overwhelming liabilities relative to assets suggest financial instability, which is a critical area for growth and attention.

In terms of financial health, the salary of the Executive Director is noted at $105,231, which could raise questions about compensation relative to the organization's overall financial condition. Overall, while the organization shows strengths in governance and program expenditure, it needs to address its financial liabilities and improve its overall rating.

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

Concha Ortiz Y Pino De Kleven Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concha Ortiz Y Pino De Kleven Corporation 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

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