Little Rock Workforce Development Board

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.

The Little Rock Workforce Development Board has received a modest rating of 64% from Charity Navigator, reflecting some strengths and significant areas for improvement. Notably, the organization boasts a fully independent board, which is a positive indicator of governance. It also exhibits strong program expense efficiency, dedicating over 93% of its expenses to programs, which suggests that funds are primarily directed towards its mission.

However, the organization faces considerable shortcomings, particularly in financial transparency. The absence of financial statements and missing documentation on its website have severely impacted its Accountability & Finance Score. Additionally, the liabilities to assets ratio raises concerns, indicating potential financial instability.

While the board has established important governance policies such as conflict of interest and whistleblower policies, the lack of publicly available financial data may hinder trust and confidence among stakeholders. Overall, while the Little Rock Workforce Development Board has a solid foundation in governance and program execution, it must address its transparency issues to enhance its credibility and effectiveness.

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

Little Rock Workforce Development Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Rock Workforce Development Board 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: $156,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,274

For more financial information, click here