Yakima Specialties Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Yakima Specialties Inc has received a low score of 56%, indicating significant areas of concern in its financial practices and overall accountability. While the organization boasts a fully independent board and maintains clear policies on conflicts of interest and whistleblowing, its financial management raises red flags. The low program expense ratio of 32.95% suggests that a considerable portion of its funds may not be directed towards programs directly benefiting its mission.

Additionally, the charity has a liabilities to assets ratio of 3.44%, which provides insight into its financial stability but also results in a poor score in that category. While the organization meets standards for transparency by listing essential documents and policies, the absence of its tax form on its website is a notable limitation that could undermine public trust. Overall, while there are strengths in governance, the financial metrics indicate a need for improvement in resource allocation and transparency.

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

Yakima Specialties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yakima Specialties 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: $104,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,378

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Official website here: www.yakimaspecialties.com