Kiwanis Club Of Atascadero Foundation

Charity Navigator Rating: 50%, One-Star out of Four Star Rating.

The Kiwanis Club Of Atascadero Foundation has received a low rating of 50%, indicating significant concerns about its accountability and financial practices. The organization lacks independent board members and has not established essential governance policies, which is reflected in its poor scores across several categories. This raises questions about the effectiveness of its oversight and operational transparency.

Despite these governance issues, the foundation demonstrates a strong commitment to its program expenses, with an impressive program expense ratio of 99.05%. This suggests that the majority of its resources are directed toward fulfilling its mission rather than administrative costs. However, the absence of critical policies and documentation could undermine its overall effectiveness and operational integrity.

Overall, while the Kiwanis Club Of Atascadero Foundation allocates a substantial portion of its funds to programs, the lack of proper governance and transparency mechanisms is a significant limitation. Potential donors should consider these factors carefully before contributing, as the organization's accountability practices are not in line with best practices for nonprofits.

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

Kiwanis Club Of Atascadero Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Club Of Atascadero Foundation 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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