Cold Spring Harbor Rowing Assoc Inc

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Cold Spring Harbor Rowing Association Inc has garnered a One-Star rating from Charity Navigator, indicating areas of concern regarding accountability and financial management. With a score of 56%, the organization shows strong commitment to program expenses, allocating 100% of its expenses directly to its programs. However, the lack of independent board members and missing policies, such as a conflict of interest policy and a whistleblower policy, raises questions about governance and oversight.

The organization has been noted for having no material diversion of assets and an impressive liabilities to assets ratio of 0.00%, suggesting a stable financial position. However, the absence of essential documents like the tax form on their website, along with missing retention and destruction policies, points to potential weaknesses in transparency and operational practices.

Overall, while the Cold Spring Harbor Rowing Association demonstrates a strong focus on programming, the significant deficiencies in governance protocols and board independence could hinder its credibility and long-term effectiveness. Without addressing these issues, the organization may struggle to build trust within its community and among potential donors.

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

Cold Spring Harbor Rowing Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cold Spring Harbor Rowing Assoc 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: $0

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Official website here: www.cshrowing.com