Fishers Soccer Club Inc

Charity Navigator rating: 0 stars (47%)

The Fishers Soccer Club Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and has established critical policies such as conflict of interest and whistleblower protections, it lacks transparency in financial reporting. The absence of financial statements severely impacts its overall score, reflecting a need for improvement in financial accountability.

Despite the strengths of having independent board members and proper governance policies, the organization shows a concerning program expense ratio of only 46.54%. This suggests that less than half of its expenses are directed toward its programs, raising questions about the effectiveness and efficiency of its operations. Additionally, the liabilities to assets ratio of 61.83% highlights potential financial instability that could hinder its ability to fulfill its mission.

Overall, the Fishers Soccer Club Inc demonstrates a commitment to governance and ethical practices but falls short in financial transparency and program funding. Stakeholders may want to consider these factors when evaluating the organization’s capacity to deliver on its mission effectively.

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

Fishers Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fishers Soccer Club 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: $1,554,817

For more financial information, click here

Official website here: www.indypremiersc.org