City Gardens Club Of New York City

Rating from Charity Navigator: 36% (Zero-Star out of Four Star rating)

City Gardens Club Of New York City has received a low rating from Charity Navigator, primarily due to significant shortfalls in accountability and financial practices. While the organization boasts a fully independent board and has no material diversion of assets, it has not implemented key policies such as those for conflicts of interest or whistleblowers, which are critical for transparency and governance.

The charity's program expense ratio stands at 45.65%, indicating that less than half of its expenditures are directed toward program activities, which is a concern for potential donors. The organization's liabilities to assets ratio is notably high at 1.66%, suggesting potential financial instability. Additionally, the failure to post certain documents on its website, such as the tax form as required by law, further detracts from its accountability.

Overall, while the City Gardens Club has strengths in board independence and asset management, serious gaps in policy implementation and financial management practices raise questions about its effectiveness and transparency as a nonprofit organization. Potential supporters should consider these factors carefully.

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

City Gardens Club Of New York City is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Gardens Club Of New York City 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: $24,048

For more financial information, click here

Official website here: www.citygardensclubnyc.org