Charity Navigator ranks Friends of KSPS, the 501(c)(3) to which KSPS public television is licenced, as the number-one nonprofit in Spokane, from among 1,865 such organizations in the city.
Charity Navigator is an American independent charity watchdog organization that evaluates charitable organizations in the United States. Its stated goal is "to advance a more efficient and responsive philanthropic marketplace in which givers and the charities they support work in tandem to overcome our nation’s and the world’s most persistent challenges".
With a cumulative score of 97.76 of a possible 100--calculated based on financial performance, accountability, and transparency; KSPS scored higher than the other two 4-star charities in the market, Catholic Charities of Spokane and Second Harvest Inland Northwest.
The information upon which the scoring is based from the organization's independently audited IRS Form 990 and is shown below.
Financial Performance Metrics
|Working Capital Ratio (years)||0.78|
|Program Expenses Growth||14.8%|
|Liabilities to Assets||4.0%|
Accountability & Transparency Performance Metrics
|Information Provided on the Form 990|
|Independent Voting Board Members|
|No Material diversion of assets|
|Audited financials prepared by independent accountant|
|Does Not Provide Loan(s) to or Receive Loan(s) From related parties|
|Documents Board Meeting Minutes|
|Provided copy of Form 990 to organization's governing body in advance of filing|
|Conflict of Interest Policy|
|Records Retention and Destruction Policy|
|CEO listed with salary|
|Process for determining CEO compensation|
|Board Listed / Board Members Not Compensated|
|Is the following information easily accessible on the charity's website?|
|Board Members Listed|
|Key staff listed|
A class-leading 79.9% of the organization's total expenses are spent on the programs and services it delivers.
If you'd like to contribute to KSPS, please click here.