Nyac Athlete's Fund Inc

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

Nyac Athlete's Fund Inc has received an overall score of 87%, which translates to a Three-Star rating on Charity Navigator. This rating indicates a solid performance in terms of accountability and financial health. The organization has demonstrated particularly strong governance practices, with a fully independent board and no material diversion of assets, reflecting their commitment to transparency.

In terms of financial metrics, Nyac Athlete's Fund has a program expense ratio of 67.25%, suggesting that a significant portion of their resources is allocated directly towards their programs. Additionally, with a low liabilities to assets ratio of 8.68%, the organization appears to maintain a stable financial position, which is crucial for its sustainability and operational effectiveness.

While the organization shows strengths in its governance and financial management, the overall rating still leaves room for improvement. Organizations are often assessed on additional factors such as community impact and long-term effectiveness, which may not be covered in the current financial and accountability metrics alone. Nevertheless, Nyac Athlete's Fund Inc stands out as a well-managed nonprofit committed to its mission.

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

Nyac Athlete's Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyac Athlete's Fund 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.none