Hollywood Cinema Production Resources

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)

Hollywood Cinema Production Resources has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations. The organization achieved a score of 60%, reflecting moderate performance in its accountability and financial practices. While it boasts a fully independent board and a solid Liabilities to Assets ratio, it lacks essential policies, such as a conflict of interest and whistleblower policy, which are crucial for maintaining transparency and trust.

One of the organization’s strengths is its independent board structure, composed entirely of independent members, which can enhance governance and decision-making. Additionally, it has no reported material diversion of assets, suggesting a good level of financial integrity. However, the program expense ratio is notably low at 50.47%, raising concerns about the allocation of funds toward its mission-driven activities.

Overall, while Hollywood Cinema Production Resources demonstrates some strong governance practices, its lack of critical operational policies and low program expense ratio highlight areas that require significant attention. Stakeholders might consider these factors when evaluating the organization’s effectiveness and commitment to its mission.

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

Hollywood Cinema Production Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollywood Cinema Production Resources 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: $243,635
Professional Fundraising Fees: $12,000
Other Salaries and Wages: $731

For more financial information, click here