Arcanum Athletic Boosters Inc

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

Arcanum Athletic Boosters Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization can enhance its practices and transparency. The nonprofit excels in accountability and finance, achieving a perfect score of 100%, with commendable metrics such as a 98.73% program expense ratio and no material diversion of assets. Additionally, the board of directors is entirely independent, which is a positive sign for governance.

However, despite these strengths, the organization has notable weaknesses that have impacted its overall rating. The lack of a conflict of interest policy, whistleblower policy, and documented retention and destruction processes have led to a score of zero in these areas. Furthermore, the absence of the tax form on the nonprofit's website raises concerns about transparency, which is critical for donor trust and accountability.

Overall, while Arcanum Athletic Boosters Inc demonstrates strong financial health and governance structures, the missing policies and documentation highlight significant areas for improvement that the organization should address to enhance its operational integrity and public trust.

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

Arcanum Athletic Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcanum Athletic Boosters Inc submitted a form 990EZ, 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.