Boxers Workout Gym

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Boxers Workout Gym has received a rating of two stars and a score of 73% from Charity Navigator, indicating that while the organization demonstrates some strengths in governance and financial management, there are significant areas for improvement. The organization excels in having a majority independent board and a solid liabilities-to-assets ratio, reflecting good financial health and accountability mechanisms. However, the absence of essential policies such as a conflict of interest policy and a whistleblower policy raises concerns about its governance practices.

Despite a commendable program expense ratio of 78.95%, which suggests that a substantial portion of its funds is allocated to program services, Boxers Workout Gym lacks transparency in certain areas. Notably, it has not posted its tax form on its website, which is a best practice for nonprofits aiming to be transparent with stakeholders. This lack of public documentation can hinder trust and accountability.

In summary, while Boxers Workout Gym shows promise in financial management and board independence, it needs to address gaps in policy frameworks and transparency to enhance its overall effectiveness and public trust.

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

Boxers Workout Gym is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boxers Workout Gym 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

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