Okauchee Lake Sailing School Inc

Charity Navigator Rating: 36%

Okauchee Lake Sailing School Inc has received a low score of 36%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices. While the organization scores well for having an independent board and proper documentation of board meeting minutes, crucial areas such as conflict of interest and whistleblower policies received no points, highlighting potential governance issues.

The charity demonstrates some strengths, particularly in board independence and asset management, which suggests that the leadership structure is sound. However, the lack of comprehensive policies and transparency in financial reporting raises red flags for potential donors and stakeholders. The absence of essential financial metrics, such as program expense ratio and liabilities to assets ratio, further complicates the organization's financial accountability.

Overall, while Okauchee Lake Sailing School Inc has certain governance mechanisms in place, significant gaps in policy and financial reporting practices may deter potential supporters. Those considering donations should be aware of these issues and evaluate whether the organization's practices align with their philanthropic values.

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

Okauchee Lake Sailing School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Okauchee Lake Sailing School 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: $12,305

For more financial information, click here

Official website here: www.okaucheesailing.org