National Watercolor Society

Charity Navigator Rating: 50%, One-Star out of Four Stars

The National Watercolor Society has received a low rating of 50% from Charity Navigator, reflecting significant concerns regarding its governance and accountability practices. The organization has no independent board members, which raises questions about oversight and transparency. Additionally, several key policies and documents, such as a conflict of interest policy and board meeting minutes, are missing, indicating a lack of robust governance structures.

Despite these weaknesses, the organization demonstrates a strong commitment to its mission, as evident from its program expense ratio of 73.86%, which suggests that a large portion of its funds is directed towards its programs. Furthermore, the organization has not reported any material diversion of assets, which is a positive indicator of financial integrity. However, the absence of a publicly accessible website, as noted by the missing website listed on its tax form, might hinder transparency and public engagement.

Overall, while the National Watercolor Society has commendable program focus, its governance and transparency issues could deter potential donors. Enhancements in these areas could significantly improve its standing and effectiveness in fulfilling its mission.

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

National Watercolor Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Watercolor Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,716

For more financial information, click here