Hernandez Mariachi Heritage Society

Charity Navigator Rating: 52%, One-Star out of Four Star Rating. This low rating reflects significant concerns regarding the governance and financial accountability of the Hernandez Mariachi Heritage Society. With an Accountability & Finance Score of only 52, the organization struggles to meet essential standards for transparency and independence, as evidenced by 0% of the board members being independent.

Strengths highlighted include a solid Program Expense Ratio of 76.45%, indicating that the majority of expenses are directed towards program services. Additionally, the organization has a favorable Liabilities to Assets Ratio of 50.18%, suggesting that it maintains an acceptable balance between its obligations and assets.

However, critical limitations persist, such as the absence of a conflict of interest policy, whistleblower policy, and documentation of board meeting minutes. The lack of independent board members and missing financial statements further contribute to concerns about governance and oversight within the organization. These issues may hinder the organization's credibility and overall effectiveness in achieving its mission.

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

Hernandez Mariachi Heritage Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hernandez Mariachi Heritage Society 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: $57,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,932

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Official website here: www.mariachiheritagesociety.com/