Texas Express Basketball Club Inc

Charity Navigator rating: 18%, Zero-Star out of Four Star rating.

Texas Express Basketball Club Inc has received a very low rating primarily due to significant shortcomings in accountability and finance. The organization has a complete lack of independent board members, which raises concerns about governance and oversight. Additionally, the absence of crucial financial statements and other documentation further diminishes confidence in its financial health and operational transparency.

Despite the rating, there are some positive aspects noted, such as the listing of the charity's website on its tax form and the presence of a conflict of interest policy. However, the lack of a whistleblower policy and missing documents like the tax form posted on the nonprofit's website indicate a need for improvement in transparency and best practices. The program expense ratio is also low, suggesting that a minimal portion of resources is being directed toward its intended mission.

Overall, the nonprofit faces significant challenges in governance and financial accountability that potential donors and supporters should consider before contributing. Addressing these issues could enhance its credibility and effectiveness in fulfilling its mission.

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

Texas Express Basketball Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Express Basketball 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,500

For more financial information, click here

Official website here: www.texasexpress.org