Kearney Family Ymca Foundation

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

The Kearney Family YMCA Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 83%. The foundation demonstrates strong governance with a fully independent board, and it has effectively managed its assets, reflected in a favorable liabilities to assets ratio of 0.30%. The high program expense ratio of 83.83% suggests that a significant portion of its budget is dedicated to its mission-related activities.

However, the foundation has notable limitations in its governance practices. It lacks a whistleblower policy and a document retention and destruction policy, which are essential for ensuring transparency and accountability within the organization. Additionally, while it provides some essential documentation such as board meeting minutes, it does not post its tax forms on its website, which could hinder transparency efforts.

Overall, while the Kearney Family YMCA Foundation showcases strengths in financial management and independent governance, addressing its policy gaps would enhance its accountability and public perception.

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

Kearney Family Ymca Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kearney Family Ymca Foundation 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

For more financial information, click here

Official website here: www.kearneyymca.org