W Athletic Foundation Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

The W Athletic Foundation Inc has received a low accountability and finance score of 56%, indicating significant areas for improvement in governance and transparency. Notably, the organization has no independent board members, which raises concerns about oversight and accountability. While it has not diverted assets and maintains a favorable liabilities to assets ratio, the absence of key policies such as a conflict of interest policy and a whistleblower policy detracts from its score.

Despite the weaknesses in governance, the foundation demonstrates a commendable commitment to its programs, with a program expense ratio of 71.47%. This suggests that a substantial portion of its resources is directed towards fulfilling its mission. However, the lack of transparency regarding board meeting minutes and the absence of crucial documents on its website further limit its overall rating and public trust.

In summary, while the W Athletic Foundation Inc shows promise in its program spending, significant governance issues and lack of transparency hinder its effectiveness and accountability, as reflected in its One-Star rating from Charity Navigator.

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

W Athletic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. W Athletic Foundation 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

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Official website here: www.wathleticfoundation