Southwest Michigan Skating Club

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69% overall score)

The Southwest Michigan Skating Club has been evaluated and received a Two-Star rating, indicating a need for improvement in its operational practices and transparency. While the organization demonstrates strong governance with 100% of its board members being independent, it falls short in critical areas such as financial statement availability, which received a score of zero. This lack of financial transparency raises concerns about accountability among stakeholders.

Strengths of the organization include a solid program expense ratio of 94.93%, indicating a significant focus on its core activities. Additionally, the club has a low liabilities to assets ratio of 9.82%, suggesting that it is financially stable in terms of managing its debts. However, the absence of key policies such as conflict of interest and whistleblower protections reflects gaps in governance that could impact stakeholder trust.

The organization needs to address its weaknesses by establishing necessary policies and improving its financial reporting to enhance overall transparency and accountability. By doing so, it can build stronger credibility within the community and better serve its mission.

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

Southwest Michigan Skating Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Michigan Skating 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

For more financial information, click here

Official website here: www.greaterkzooskate.org