Riverside Childrens Theatre

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

Riverside Children's Theatre has received a Two-Star rating from Charity Navigator, with an overall score of 62%. The organization's accountability and finance metrics indicate solid governance features, including a fully independent board with no material diversion of assets. However, several critical documents and policies that promote transparency and accountability, such as a conflict of interest policy and whistleblower policy, are missing, which contributed to the overall score.

While the theater's program expense ratio stands at a respectable 63.34%, suggesting that a significant portion of its budget supports its mission, there are notable areas for improvement. The lack of a website listed on the tax form, missing board meeting minutes, and failure to post the tax form on its website are significant oversights that detract from its accountability. These deficiencies indicate a need for enhanced transparency and operational practices.

In summary, while Riverside Children's Theatre demonstrates strengths in board independence and financial stability, it faces challenges in transparency and accountability that need to be addressed to improve its rating and bolster confidence among stakeholders. Addressing these weaknesses is crucial for the organization to enhance its credibility and effectiveness in serving the community.

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

Riverside Childrens Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Childrens Theatre submitted a form 990EZ, 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.