Sherwood Country Club Charitable Foundation

Charity Navigator Rating: Needs Improvement. The Sherwood Country Club Charitable Foundation has received a two-star rating with an overall score of 71%. This rating reflects the organization's need for improvement in certain accountability and financial practices, particularly in the areas of transparency and documentation.

One of the strengths of the foundation is its financial efficiency, as indicated by a program expense ratio of over 95%, suggesting that a significant majority of its expenses are allocated directly to its programs. Additionally, the foundation boasts a fully independent board, which is crucial for ethical governance. However, the lack of financial statements and essential policies, such as whistleblower and document retention, raises concerns about transparency and accountability.

The absence of a website listed on the tax form and missing documentation like tax forms on the nonprofit's website also highlight significant gaps in communication and transparency. While the foundation demonstrates good practices in certain areas, addressing these limitations will be essential for improving its rating and building public trust.

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

Sherwood Country Club Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherwood Country Club Charitable Foundation 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

For more financial information, click here