Boys And Girls Club Of Watertown

Charity Navigator Rating: 48% (Zero-Star out of Four Stars)

The Boys and Girls Club of Watertown holds a 48% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has strong scores in areas such as audit oversight and material diversion of assets, it falls short in key areas like the absence of a whistleblower policy and a document retention policy. Additionally, the charity's low program expense ratio suggests that a minimal portion of its expenditures is directed toward program services.

Despite the strengths in governance, the shortcomings in transparency and financial management have raised red flags among evaluators. The missing tax forms on the nonprofit's website and the low liabilities to assets ratio could further undermine trust among potential donors and stakeholders. These factors contribute to the overall low rating, which may deter contributions.

Continued efforts to improve financial oversight and policy documentation are crucial for the Boys and Girls Club of Watertown to enhance its standing and effectively fulfill its mission. Addressing these limitations could improve both its rating and public confidence in its operations.

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

Boys And Girls Club Of Watertown is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys And Girls Club Of Watertown 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: $88,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $877,153

For more financial information, click here

Official website here: www.boysandgirlsclubofwatertown.org