Scripps Ranch Soccer Club

Charity Navigator Rating: 51%, One-Star out of Four Star Rating

Scripps Ranch Soccer Club has received a low rating of 51%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Financial transparency is also lacking, as the club has failed to provide necessary financial statements and policies, such as a conflict of interest and whistleblower policy.

On a positive note, the club maintains a high program expense ratio of 96.93%, suggesting that a substantial portion of its budget is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio stands at a commendable 51.91%, which implies that the organization is managing its debts effectively relative to its assets.

However, the absence of critical documents and policies diminishes the overall effectiveness of the organization. The lack of board meeting minutes and the failure to post tax forms on their website further contribute to the concerns around transparency and accountability. Overall, while Scripps Ranch Soccer Club demonstrates a commitment to its programs, the significant governance and financial policy shortcomings must be addressed to enhance credibility and trust.

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

Scripps Ranch Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scripps Ranch Soccer Club 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: $402,729

For more financial information, click here

Official website here: www.scrippsranchsc.com