Merrimack Youth Association

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

The Merrimack Youth Association has received a Two-Star rating from Charity Navigator, indicating a need for improvement within its accountability and finance practices. While the organization scores well on the majority of its board members being independent and maintaining a low liabilities to assets ratio, significant concerns arise from the absence of key financial documents and policies. The overall score of 73% reflects a solid program expense ratio of nearly 89%, demonstrating a commitment to programmatic spending.

Despite some strengths, the organization has notable limitations that could affect stakeholder confidence. The lack of financial statements and missing policies on whistleblowing and document retention hinder transparency and governance. Although the board meeting minutes are documented, the absence of a posted tax form on the nonprofit's website further points to potential areas of neglect in financial accountability.

Overall, while the Merrimack Youth Association exhibits potential through its strong independent board structure and significant program expenses, it must address its financial documentation and policy shortcomings to enhance its standing and overall effectiveness in serving the community.

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

Merrimack Youth Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merrimack Youth Association 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: $0

For more financial information, click here

Official website here: www.merrimackyouthassociation.com