Mt Olive Soccer Club Inc

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

Mt Olive Soccer Club Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns in its accountability and financial practices. The organization scored 54% overall, with notable strengths such as having a fully independent board, which scored 100% for majority independent board members. Additionally, it effectively tracks board meeting minutes and demonstrates a solid program expense ratio of 77.34%.

However, the nonprofit faces critical limitations that contributed to its low rating. There are no financial statements available, resulting in a lack of transparency, and several important policies, including conflict of interest and whistleblower protection policies, are missing. Furthermore, the club's liabilities to assets ratio is concerning at 71.08%, indicating potential financial instability.

Overall, while Mt Olive Soccer Club Inc shows some positive governance aspects, the deficiencies in financial documentation and policy implementation raise flags about its operational transparency and sustainability. Donors and supporters may want to consider these factors when evaluating their involvement with the organization.

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

Mt Olive Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Olive Soccer Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.mountolivesoccer.com