Madison Capitol Hockey Assoc Ltd

Charity Navigator Rating: 49%

The Madison Capitol Hockey Association Ltd received a low rating of 49%, which equates to a Zero-Star out of Four Star rating. This score reflects significant concerns regarding its accountability and financial practices, notably a lack of independent board members and missing financial statements, which suggest a need for improvement in transparency and governance.

Despite these shortcomings, the organization does have some positive aspects, such as having a conflict of interest policy, a whistleblower policy, and documented board meeting minutes. Furthermore, they maintain a 100% program expense ratio, indicating that all funds are directed toward their programs.

However, the absence of independent board members and the high liabilities to assets ratio raise red flags about financial stability. Additionally, the lack of critical documentation on their website and missing financial transparency may deter potential donors and supporters. Overall, while the organization is committed to its mission, improvements are necessary to enhance its accountability and financial health.

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

Madison Capitol Hockey Assoc Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Capitol Hockey Assoc Ltd 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: $83,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,715

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