Simply Sports Inc

Charity Navigator Rating: Zero-Star out of Four Star rating

Simply Sports Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and governance. The overall score of 31% reflects a lack of independent board members, with 0% reported, which can raise questions about oversight and decision-making within the organization. The absence of financial statements further complicates transparency and accountability.

The organization does have some positive policies in place, such as a conflict of interest policy and a whistleblower policy, both of which score highly. However, the concerning liability to assets ratio of 184.01% suggests that the organization may be facing financial instability, as it has more liabilities than assets. Additionally, while program expenses account for 54.33% of its expenditures, the low score in this category indicates there may be inefficiencies in how funds are allocated to programs.

In summary, Simply Sports Inc faces significant challenges in terms of governance and financial health, as highlighted by its ratings and the lack of essential financial documentation. Potential donors and stakeholders should approach with caution and consider these issues before engaging with the organization.

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

Simply Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simply Sports 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: $263,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,974

For more financial information, click here

Official website here: www.simply sports.net