Lakeland Wrestling Club

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

Lakeland Wrestling Club has received a low rating of 50% from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization has no independent board members, which raises questions about governance and oversight. While there are no reported material diversions of assets, the absence of key policies, such as conflict of interest and whistleblower policies, suggests a lack of transparency and potential vulnerabilities.

On a more positive note, the club demonstrates a strong commitment to its programs, with a program expense ratio of 70.23%. This indicates that a substantial portion of the organization's resources is directed towards its mission of supporting wrestling activities. Additionally, the liabilities to assets ratio is favorable at 0.00%, reflecting sound financial stability in terms of not having outstanding obligations.

However, the nonprofit's website is missing critical documents, including its tax form and board meeting minutes. The lack of these documents, combined with the absence of basic governance policies, highlights areas that require improvement to enhance trust and credibility within the community. Overall, while the Lakeland Wrestling Club is dedicated to its programs, it faces significant challenges in terms of governance and transparency.

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

Lakeland Wrestling Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland Wrestling 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: $0

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