Viking Plass Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Viking Plass Inc has received a solid Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial management. The organization earned its score primarily based on its Accountability & Finance metrics, achieving a commendable score of 79%. This score reflects the charity's strong practices in governance and financial health, which are crucial for ensuring donor trust and effective program delivery.

One of the organization's notable strengths is its governance structure, featuring a fully independent board, which scored 8 out of 8 points. Additionally, Viking Plass Inc demonstrates excellent financial management, as evidenced by its low liabilities to assets ratio of 0.08% and a high program expense ratio of 99.72%. These metrics suggest that the majority of its funding goes directly toward its programs rather than administrative costs.

However, while the financial metrics are robust, the overall rating is solely based on the Accountability & Finance aspect, which could indicate limited insight into other operational areas. Despite this limitation, the charity's commitment to maintaining strong internal policies and practices is clearly demonstrated, contributing to its positive standing within the nonprofit sector.

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

Viking Plass Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Viking Plass 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: $90,884

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