YMCA OF METROPOLITAN DALLAS EARNS 4-STAR RATING FROM CHARITY NAVIGATOR
Dallas, TEXAS The YMCA of Metropolitan Dallas’ sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. The 4-star rating is a result of the YMCA maintaining sound fiscal management practices and a commitment to accountability and transparency in its efforts as a leading nonprofit committed to strengthening the community through youth development, healthy living, and social responsibility.
Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“The YMCA of Metropolitan Dallas ‘s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, President & CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness. The YMCA of Metropolitan Dallas supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“It’s important our donors trust that we’re using our funding wisely to accomplish our mission to put Christian values into practice through programs that build healthy spirit, mind and body for all,” said Curt Hazelbaker President and Chief Executive Officer, YMCA of Metropolitan Dallas. “Our 4-star Charity Navigator rating demonstrates to our donors that we take our fiduciary and governance responsibilities very seriously.”
Four-star rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about the YMCA of Metropolitan Dallas’ rating is available to Charity Navigator site visitors who become registered users, another free service.
About the Y
The Y is one of the nation’s leading nonprofits strengthening communities through youth development, healthy living, and social responsibility. Across the U.S., 2,700 Ys engage 22 million men, women, and children – regardless of age, income, or background – to nurture the potential of children and teens, improve the nation’s health and well-being, and provide opportunities to give back and support neighbors. Anchored in 21 North Texas communities, the Dallas Y has the long-standing relationships and physical presence not just to promise, but to deliver, lasting personal and social change. www.ymcadallas.org
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America's charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.