Boston Fencing Club Inc

Charity Navigator Rating: Needs Improvement

Boston Fencing Club Inc holds a two-star rating from Charity Navigator, indicating that while the organization demonstrates some strong governance practices, there are significant areas needing improvement. The club boasts a fully independent board, with 100% of its members meeting this criterion, and it has effectively maintained oversight with no reported material diversion of assets. However, the lack of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about its overall governance framework.

Financially, the organization shows a healthy program expense ratio of 86.66%, suggesting that a substantial portion of its expenditures directly supports its mission-related activities. Nevertheless, the liabilities to assets ratio is notably high at 92.27%, which may indicate potential financial risk and sustainability challenges. Moreover, the absence of publicly available tax documents on its website can hinder transparency.

In summary, while Boston Fencing Club Inc demonstrates strong independent oversight and effective program spending, it faces critical vulnerabilities in governance and financial health that need to be addressed for improved performance and trust among stakeholders.

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

Boston Fencing Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Fencing Club Inc 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: $103,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,172

For more financial information, click here

Official website here: www.bostonfencingclub.org