Laporte Aero Club Inc

Charity Navigator Rating: 33%

Laporte Aero Club Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low score of 33% in Accountability & Finance. This rating indicates that the organization falls short in several key areas of financial transparency and governance, which are critical for donor trust and effective nonprofit operation.

On a positive note, the organization has an independent board, with 100% of its members being independent, and it has demonstrated no material diversion of assets. However, significant weaknesses are highlighted, including missing key policies such as conflict of interest and whistleblower policies, as well as a lack of a website listed on its tax form, which severely impacts its accountability score.

Furthermore, the financial management aspects raise concerns, as demonstrated by a very low program expense ratio of 21.69% and a complete absence of liabilities relative to assets. These factors suggest that while the organization may have some structural strengths, its overall transparency and financial health require significant improvement to gain greater trust and support from potential donors.

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

Laporte Aero Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laporte Aero Club 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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