Summit Springs Village Corporation

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

Summit Springs Village Corporation has received a commendable score of 82%, reflecting solid accountability and financial practices. The rating is derived entirely from its Accountability & Finance score, indicating strong governance and fiscal responsibility. The organization boasts a fully independent board, with all eight members being independent, which enhances its credibility and operational integrity.

The charity demonstrates an impressive commitment to accountability, evidenced by its perfect scores in various categories including financial statements and asset management. It effectively allocates 90.54% of its expenditures towards program expenses, showcasing a focus on its mission-driven work. Furthermore, the absence of any material diversion of assets reinforces the organization’s reliability and trustworthiness.

While the organization has strengths in governance and financial management, the absence of any additional beacons or metrics may limit a more comprehensive evaluation of its overall impact. Nonetheless, the high accountability score indicates a well-managed nonprofit that prioritizes transparency and effective use of resources.

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

Summit Springs Village Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Springs Village Corporation 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: $71,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $663,140

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