Newport Beach Aquatics Inc

Charity Navigator Rating: Needs Improvement. The Newport Beach Aquatics Inc has received an overall score of 69%, resulting in a Two-Star out of Four Star rating. This indicates that while the organization has some strong aspects, there are significant areas that require attention and improvement.

One of the strengths of Newport Beach Aquatics Inc is its financial management, as evidenced by a program expense ratio of 92.15%, suggesting that a large portion of its spending is directed towards its programs. Additionally, the organization has achieved a perfect score for having an entirely independent board, which can enhance accountability and governance. However, the absence of various critical policies, such as conflict of interest and whistleblower policies, raises concerns about its operational transparency and risk management.

On the downside, the organization has not provided financial statements or posted its tax forms on its website, which has resulted in a low score in those categories. This lack of transparency can diminish donor confidence and hinder the nonprofit's reputation. Overall, while Newport Beach Aquatics Inc demonstrates strong programmatic focus and governance, it must address its deficiencies in policy development and financial transparency to improve its standing in the nonprofit sector.

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

Newport Beach Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newport Beach Aquatics 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: $563,892

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Official website here: www.newportbeachaquatics.com