Pride Soccer Club

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

Pride Soccer Club has received a low rating of 54%, reflecting significant shortcomings in accountability and financial transparency. The organization has only 33% independent board members, which is below the recommended threshold, and lacks several key policies, including conflict of interest and whistleblower policies. Furthermore, the absence of financial statements raises concerns about the organization's overall financial health and governance practices.

Despite these weaknesses, Pride Soccer Club demonstrates a strong commitment to its programming, as evidenced by a program expense ratio of 98.45%. This indicates that the vast majority of its expenditures are directed towards its programs rather than administrative costs, suggesting a focus on fulfilling its mission. Additionally, the organization maintains an acceptable liabilities to assets ratio of 2.85%, which is a positive indicator of its financial stability.

However, the lack of independent oversight and missing financial documentation points to a need for improvement in governance and transparency. For potential donors and supporters, it is crucial to consider these factors when evaluating the effectiveness and reliability of Pride Soccer Club as a nonprofit organization.

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

Pride Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pride Soccer Club 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: $91,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,706

For more financial information, click here

Official website here: www.pridesoccerclub.com