Detroit Red Wings Alumni Association Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating

The Detroit Red Wings Alumni Association Inc has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. A key area of weakness is the complete lack of independent board members, which raises questions about governance and oversight. Additionally, the organization has missing policies related to conflict of interest and whistleblower protections, which are essential for transparency and ethical operation.

Despite these governance shortcomings, the organization shows strength in its financial health, with a low liabilities to assets ratio of 6.35%, suggesting stability. Moreover, the program expense ratio is reasonably high at 76.31%, indicating that a substantial portion of its resources is allocated to its programs rather than administrative costs. This is a positive sign for supporters concerned about the effective use of donations.

Overall, while the Detroit Red Wings Alumni Association has commendable program spending, its governance practices need significant improvement to enhance trust and accountability. Prospective donors and supporters should weigh these factors when considering their involvement with the organization.

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

Detroit Red Wings Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Red Wings Alumni Association 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: $19,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.redwingalumni.com