ACCION Texas earns Charity Navigator?s top designation

Photo courtesy of Acci?n

ACCION Texas President and CEO Janie Barrera now leads a four-star rated charity.

ACCION Texas can now be added to the list of San Antonio nonprofit organizations that hold the designation of being four-star rated by Charity Navigator.

This is the highest designation a nonprofit organization can earn. Charity Navigator rates organizations on such criteria as accountability, transparency and financial reporting.

?Receiving four out of a possible four stars indicates that your organization adheres to good governance and other best practice and consistently executes its mission in a fiscally responsible way,? Charity Navigator President and CEO Ken Berger wrote in an acceptance letter. ?Approximately a quarter of the charities we evaluate have received our highest rating, indicating that ACCION Texas outperforms most other charities in America.?

Since ACCION Texas? inception in 1994, the microlender has provided loans in the $500 to $5 million range and has grown from a single office in San Antonio to 18 offices in Texas and seven other states.

ACCION is currently conducting a $5.5 million capital campaign to build out a new campus on San Antonio?s West Side.

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James Aldridge oversees online content of the newspaper; edits and reports stories for the online edition.

Source: http://feedproxy.google.com/~r/vertical_10/~3/rW82F_W-yLQ/accion-texas-earns-charity-navigators.html

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