Detroit Sports Media

Charity Navigator Rating: 34%

Detroit Sports Media has received a low score of 34%, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns in the organization's accountability and financial practices. Specifically, the nonprofit has no independent board members, which raises questions about governance and oversight. Furthermore, the lack of critical policies such as a conflict of interest and whistleblower policy indicates potential vulnerabilities in ethical management.

Despite some strengths, such as no material diversion of assets and a solid liabilities-to-assets ratio, the organization struggles in areas crucial for transparency and stakeholder trust. Their program expense ratio is notably low at 52.04%, suggesting that more funds may not be directed towards programs and services than is ideal. Additionally, while they have documented board meeting minutes, other key transparency measures such as posting their tax forms on their website are missing.

Overall, the financial accountability and governance of Detroit Sports Media require significant improvement. Stakeholders considering support or engagement with this nonprofit should weigh these factors carefully against its mission and activities.

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

Detroit Sports Media is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Sports Media 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

For more financial information, click here

Official website here: www.detroitsportsmedia.com