Larue County Band Boosters Inc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

Larue County Band Boosters Inc has received a 73% rating from Charity Navigator, which reflects a Two-Star rating. This rating indicates that while the organization demonstrates some strengths in accountability and financial management, there are significant areas of concern that need to be addressed to improve transparency and governance.

The nonprofit has shown a strong commitment to having an independent board, scoring full points in both majority independence and board size, indicating a robust governance structure. Their low liabilities to assets ratio and high program expense ratio suggest that the majority of their funds are allocated towards their programs, which is a positive indicator of financial health. However, the absence of critical policies, including conflict of interest and whistleblower policies, along with missing documentation such as their tax form on their website, raises concerns about their operational transparency.

To enhance their rating and public trust, it is essential for Larue County Band Boosters Inc to address the noted deficiencies, especially in policy documentation and transparency practices. Improving these areas will not only strengthen their governance but also inspire greater confidence among donors and stakeholders.

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

Larue County Band Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larue County Band Boosters 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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