Sfv Aquatics Inc

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

Sfv Aquatics Inc has received a low score of 53%, indicating significant concerns regarding its accountability and financial management. The organization has a notable absence of independent board members, which raises concerns about governance and oversight. Additionally, there are several missing policies and disclosures, such as a conflict of interest policy and a whistleblower policy, which are essential for promoting transparency and accountability.

On a positive note, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 100%, indicating that all its expenses are directed towards its mission-related activities. Moreover, Sfv Aquatics Inc has reported no material diversion of assets, which is a positive aspect of their financial practices. However, the shortcomings in governance and transparency must be addressed for the organization to improve its standing and gain the trust of potential donors and supporters.

Overall, while Sfv Aquatics Inc shows dedication to its programs, the lack of independent oversight and missing governance policies detracts from its credibility. It is crucial for the organization to enhance its accountability measures to better serve its mission and stakeholders.

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

Sfv Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sfv Aquatics 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: $58,602

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