Land Between The Lakes Association Inc

Charity Navigator Rating 67%

The Land Between The Lakes Association Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating some concerns regarding its accountability and finance practices. While the organization has a good program expense ratio of 86.90%, suggesting effective use of funds towards its mission, its overall score reflects significant weaknesses in governance and transparency.

A notable area of concern is the complete lack of independent board members, which raises questions about oversight and accountability. Additionally, the absence of key policies such as conflict of interest, whistleblower protections, and proper document retention practices further detracts from its governance score. While the organization has not shown material diversion of assets, these governance issues may affect stakeholder confidence.

On a positive note, the financial statements are well-managed with a high score in audit and oversight, and the liabilities to assets ratio indicates a stable financial condition. However, the missing policies and lack of independent board representation suggest that the organization has room for improvement in its governance practices to enhance trust and effectiveness in its operations.

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

Land Between The Lakes Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land Between The Lakes Association 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: $130,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,104,320

For more financial information, click here

Official website here: www.friendsoflbl.org