Marin Rowing Association

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Marin Rowing Association has received a "Needs Improvement" rating from Charity Navigator, indicating some concerns regarding its financial practices and accountability. While the organization scored well in areas such as having a fully independent board and no material diversion of assets, its overall score of 73% reflects notable weaknesses, particularly in governance policies, including the absence of a whistleblower policy and document retention procedures.

Strengths of the organization include a high program expense ratio of 86%, signifying that a significant portion of its funding is directed towards its programs. Additionally, the organization has transparency in some areas, including the listing of its website on its tax form and maintaining proper documentation of board meeting minutes. However, the lack of critical policies raises concerns about its governance framework.

Overall, while the Marin Rowing Association shows promise in its programmatic focus and independent oversight, the missing policies and incomplete documentation hinder its overall accountability. This suggests that stakeholders and potential donors should consider these factors carefully when evaluating the organization's effectiveness and transparency.

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

Marin Rowing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marin Rowing Association 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: $161,536
Professional Fundraising Fees: $0
Other Salaries and Wages: $635,084

For more financial information, click here

Official website here: www.marinrowing.org