Prince William Sound Economic Development Council-District

Charity Navigator Rating: 53% (One-Star out of Four Stars)

The Prince William Sound Economic Development Council has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. With a score of 50 in the Accountability & Finance category, the organization lacks independent board members and is missing key governance documents such as a whistleblower policy and document retention policy. These deficiencies raise questions about the organization's oversight and transparency.

Despite the low rating, the council demonstrates a strong commitment to its programs, evidenced by a high program expense ratio of 97.80%. This suggests that the majority of its expenditures are directed towards fulfilling its mission, which is a positive aspect of its operations. Additionally, the organization has adopted a conflict of interest policy and maintains records of board meeting minutes, contributing to some aspects of accountability.

However, the absence of a publicly listed website and the overall lack of independent governance are notable limitations. The council has room for improvement in enhancing transparency and strengthening its governance framework, which could ultimately bolster its effectiveness and public trust.

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

Prince William Sound Economic Development Council-District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prince William Sound Economic Development Council-District 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: $101,986

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