Thomas Paine Society Of Pasadena

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

The Thomas Paine Society of Pasadena has received a score of 53%, which results in a One-Star rating. This rating reflects significant concerns regarding the organization's accountability and finance practices, particularly the lack of independent board members and the absence of key policies, such as a conflict of interest policy and a whistleblower policy. Despite these issues, the organization shows a strong program expense ratio, indicating that a high percentage of its expenses are directed towards its programs.

While the society has successfully avoided any material diversion of assets and maintains a favorable liabilities to assets ratio, the lack of transparency in governance practices is a notable limitation. The absence of board meeting minutes and failure to post tax forms on its website further detracts from its accountability. These governance issues may raise concerns for donors who prioritize transparency and responsible management in nonprofit organizations.

Overall, while the Thomas Paine Society of Pasadena exhibits positive financial metrics in terms of program spending, its overall governance practices require significant improvement to enhance accountability and trust among supporters and stakeholders.

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

Thomas Paine Society Of Pasadena is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Paine Society Of Pasadena 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: $44,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.thomaspainesociety.org