Seven Arrows Inc

Charity Navigator Rating: Needs Improvement

Seven Arrows Inc has received a two-star rating from Charity Navigator, reflecting an overall score of 66%. While the organization demonstrates strong governance practices with a high percentage of independent board members and a clear conflict of interest policy, its financial transparency is a significant concern. Specifically, the absence of financial statements and the missing tax form on their website have contributed to a lower score in the Accountability and Finance category.

The nonprofit shows a commendable program expense ratio of 79.33%, indicating that a substantial portion of its budget is directed towards its programs. However, the liabilities to assets ratio of 114.38% raises questions about the organization's financial health, suggesting potential challenges in meeting its obligations. While the board's structure and policies are well-defined, the lack of accessible financial documentation is a notable limitation.

Overall, Seven Arrows Inc has strengths in governance and program funding, but improvements are needed in financial reporting and transparency to enhance trust and accountability among its stakeholders. Addressing these areas could help the organization achieve a better rating in the future.

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

Seven Arrows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seven Arrows Inc 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: $141,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,432,045

For more financial information, click here

Official website here: www.littledolphins.org