Swim Torrance

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Swim Torrance has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score of 54% in the Accountability & Finance category, primarily due to a lack of independent board members and missing key policies such as those for conflict of interest and whistleblower protections. Moreover, the absence of financial statements raises questions about transparency.

Despite these challenges, Swim Torrance demonstrates a robust commitment to its programs, as reflected in its high program expense ratio of 89.15%. This suggests that a significant portion of its funding is directed towards fulfilling its mission rather than administrative costs. The organization does maintain meeting minutes, which provides some level of operational transparency.

However, the overall lack of financial documentation and independent oversight limits stakeholder confidence in the organization's governance. Without improvements in these areas, Swim Torrance may find it difficult to enhance its rating and attract additional support.

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

Swim Torrance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swim Torrance 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: $278,856

For more financial information, click here

Official website here: www.swimtorrance.org