Southern Nevada Teamsters Local 631 Training Trust

Charity Navigator Rating: 92%, Four-Star out of Four Star Rating

The Southern Nevada Teamsters Local 631 Training Trust has achieved a strong 92% overall score, which reflects a commitment to accountability and financial management. This high rating is based solely on the organization’s Accountability & Finance metrics, highlighting its effective governance and operational transparency.

The organization benefits from a fully independent board, with all eight members meeting the criteria for independence. Additionally, it showcases excellent financial practices, maintaining a low liabilities-to-assets ratio of 13.45% and dedicating 89.37% of its expenses directly to programs. The presence of comprehensive audit and oversight measures further reinforces its responsible financial management.

However, it is important to note that the organization lacks a whistleblower policy, which received a score of zero out of four points. While this may present some concerns regarding internal accountability, the overall financial health and governance structure indicate a well-managed nonprofit focused on its mission.

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

Southern Nevada Teamsters Local 631 Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Nevada Teamsters Local 631 Training Trust 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: $164,617

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Official website here: www.631train.com