Kettering Fairmont Athletic Boosters

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The rating indicates moderate transparency and financial accountability but highlights areas for improvement. Overall, the organization demonstrates a strong commitment to independent governance, with 96% of board members being independent, and a commendable program expense ratio of 93.70%, suggesting that most funds are directed towards their mission.

However, the rating also reveals significant shortcomings in financial transparency, as the organization has not provided financial statements, resulting in a score of 0 out of 15 points in that category. Additionally, essential policies such as a whistleblower policy and document retention policy are missing. This lack of documentation can raise concerns about the organization's operational practices and accountability to its stakeholders.

Despite these limitations, Kettering Fairmont Athletic Boosters shows promise in managing its liabilities effectively, with a low liabilities to assets ratio of 0.01%. To enhance its rating and overall effectiveness, the organization would benefit from addressing the noted governance and financial documentation gaps.

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

Kettering Fairmont Athletic Boosters is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kettering Fairmont Athletic Boosters 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

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Official website here: www.fairmontathleticboosters.org