Fairmount Round Robins Inc

Charity Navigator Rating: One-Star out of Four Stars (50%)

Fairmount Round Robins Inc has been assigned a One-Star rating by Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks a majority of independent board members, which is a critical aspect of governance. Furthermore, several essential policies and documents, such as financial statements, a conflict of interest policy, and board meeting minutes, are missing, raising questions about transparency and oversight.

Despite these challenges, the organization performs well in terms of its Program Expense Ratio, which stands at 72.56%. This suggests that a substantial portion of its expenditures is directed towards program services, which is a positive sign regarding its commitment to fulfilling its mission. However, the lack of basic governance documentation and independent oversight could weaken its overall operational integrity.

The financial health of Fairmount Round Robins Inc shows a Liabilities to Assets Ratio of 0.00%, indicating it has no liabilities compared to its assets. While this is a favorable metric, the absence of critical governing documents and policies is a notable limitation that potential donors should consider carefully.

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

Fairmount Round Robins Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairmount Round Robins 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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