Sports Konnect Inc

Charity Navigator Rating: One-Star out of Four Stars (50%)

Sports Konnect Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 50%, reflecting weaknesses in areas such as board independence and governance policies. Notably, it has no independent board members, which is detrimental to oversight and accountability, and lacks essential policies, such as conflict of interest and whistleblower protections.

Despite these issues, Sports Konnect Inc demonstrates a strong program expense ratio of 79.56%, suggesting that the majority of its expenditures are directed toward its programs rather than administrative costs. Additionally, it has a low liabilities to assets ratio of 16.04%, indicating that the organization is maintaining a healthy balance sheet.

However, the absence of a publicly listed website and missing documentation, including board meeting minutes and tax forms, raises transparency concerns. These limitations contrast with its positive financial management indicators and could affect donor confidence and engagement with the organization.

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

Sports Konnect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Konnect 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: $9,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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