TPR Gains Charity Navigator's Coveted 4-Star Rating
SAN ANTONIO – Texas Public Radio’s 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. This is the 5th consecutive time that TPR has earned this top distinction.
President and CEO of Charity Navigator, Michael Thatcher, said in announcing the rating, “Only 6% of the charities we evaluate have received at least 5 consecutive 4-star evaluations, indicating that Texas Public Radio outperforms most other charities in America.”
“TPR’s coveted 4-star rating puts it in a very select group,” said Joyce Slocum, president and CEO of TPR. “Earning the 4-star rating – especially 5 times in a row – demands rigor, responsibility and commitment to openness. TPR’s members and donors should feel completely confident that their contributions are being used efficiently and responsibly.”
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.