Olympic Academy Of Gymnastics

Charity Navigator Rating: 53%, One-Star out of Four Star Rating

The Olympic Academy of Gymnastics has received a low rating of 53% from Charity Navigator, indicating significant areas for improvement in accountability and financial transparency. The absence of independent board members and missing critical policies, such as conflict of interest and whistleblower policies, raises concerns about governance practices. While the organization has reported no material diversion of assets, the lack of basic operational policies may affect stakeholder trust.

Despite these weaknesses, the nonprofit demonstrates a strong commitment to its mission, as evidenced by a 100% program expense ratio, meaning all funds are allocated towards its programming. This suggests that the organization is focused on delivering its services effectively, which is a positive aspect for donors considering their contributions.

However, the overall lack of transparency and governance protocols could hinder its growth and operational integrity. Potential supporters should weigh these factors carefully, as the absence of crucial documentation and policies may pose risks to the nonprofit's sustainability and accountability.

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

Olympic Academy Of Gymnastics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic Academy Of Gymnastics 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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