Area 1 Electrical Education Trust

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

The Area 1 Electrical Education Trust has received a two-star rating from Charity Navigator, reflecting an overall score of 73%. The organization demonstrates a strong commitment to accountability with a fully independent board and a high program expense ratio of 95.5%, indicating that a significant portion of its funding is directed towards its educational programs.

However, there are notable weaknesses in the organization's financial transparency. The absence of financial statements and key policies such as a conflict of interest and whistleblower policy detracts from its accountability score. Additionally, the failure to post tax documents on its website signifies a lack of transparency that could raise concerns among potential donors. Overall, while the trust shows promise in its mission and governance structure, improvements in financial reporting and policy development are necessary to enhance its credibility.

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

Area 1 Electrical Education Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Area 1 Electrical Education 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: $131,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,094

For more financial information, click here

Official website here: www.area1jatc.com