Suburban North Club Corporation

Charity Navigator Rating: Needs Improvement

Suburban North Club Corporation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. This rating indicates that while the organization has some strengths, particularly in having a fully independent board and a favorable program expense ratio of 88.94%, there are significant concerns regarding transparency and accountability. The lack of accessible financial statements and various missing policies raises questions about the organization’s operational practices.

The organization excels in governance, evidenced by its 100% independent board members and the documentation of board meeting minutes. Additionally, the liabilities to assets ratio is commendable at 0.19%, suggesting sound financial management. However, the absence of a conflict of interest policy, whistleblower policy, and website presence for financial documents highlights areas needing improvement and could impact stakeholder confidence.

Overall, while Suburban North Club Corporation demonstrates strong financial responsibilities and governance frameworks, the missing elements in transparency and accountability policies are critical issues that need to be addressed for the organization to enhance its rating and public trust.

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

Suburban North Club Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suburban North Club Corporation 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: $49,944

For more financial information, click here