Ozaukee Aquatics Inc

Charity Navigator Rating: 54%, One-Star out of Four Star rating

Ozaukee Aquatics Inc has received a low score of 54% from Charity Navigator, indicating significant areas for improvement in its accountability and finance practices. The lack of independent board members and missing key policies such as conflict of interest and whistleblower protections raise concerns about governance and transparency.

Despite these weaknesses, the organization has shown a strong commitment to its programs, evidenced by a program expense ratio of 97.08%. This suggests that the vast majority of its resources are directed towards fulfilling its mission. However, the absence of financial statements and other accountability measures could undermine stakeholder trust.

Additionally, while the organization does maintain documentation of board meeting minutes and has a favorable liabilities to assets ratio, the overall lack of transparency in financial reporting remains a critical limitation. For potential donors and stakeholders, these factors should be carefully considered when assessing the organization's effectiveness and reliability.

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

Ozaukee Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ozaukee 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: $116,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $202,404

For more financial information, click here

Official website here: www.ozaukeeaquatics.com