Roosevelt Arena Association

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

The Roosevelt Arena Association has received a low score of 53%, resulting in a One-Star rating primarily due to issues in its accountability and finance practices. The organization shows strengths in areas like program expense ratio, which stands at 85.35%, indicating that a significant portion of its expenditures is directed towards its programs. Moreover, the association has demonstrated a strong performance in its liabilities to assets ratio, scoring 15 out of 15 points.

However, the organization has notable weaknesses that impact its overall rating. There are no independent board members, which raises concerns about governance and oversight. Additionally, several critical policies, such as conflict of interest, whistleblower, and document retention policies, are reported as missing, further highlighting governance deficiencies. The absence of these policies can lead to vulnerabilities in accountability and transparency.

Furthermore, the charity's website is lacking essential documentation, including its tax form and policies, which are crucial for public trust and accountability. While the organization maintains documentation of board meeting minutes, the overall lack of independent oversight and missing policies are significant areas of concern for potential donors and stakeholders.

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

Roosevelt Arena Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roosevelt Arena Association 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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