East Grand Rapids Team Boosters

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

The East Grand Rapids Team Boosters has received a Two-Star rating, indicating some areas of concern in its accountability and finance practices. While the organization boasts a majority of independent board members, which is a positive aspect, it lacks critical financial documentation and policies, notably missing conflict of interest and whistleblower policies. This raises questions about transparency and governance.

Financially, the organization shows strength with a high program expense ratio of 97.30%, suggesting that most of its resources are directed toward its programs. Additionally, the organization maintains a perfect liabilities to assets ratio, indicating it is not carrying any debt. However, the absence of financial statements is a significant limitation, as it hinders the ability of stakeholders to assess the organization's financial health comprehensively.

Overall, while the East Grand Rapids Team Boosters shows commendable program spending and an independent board structure, the lack of essential policies and financial transparency could be perceived as weaknesses that need addressing to enhance its credibility and trustworthiness among donors and the community.

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

East Grand Rapids Team Boosters is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Grand Rapids Team Boosters 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

Official website here: www.egrps.org