Resort Charity Events Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating

Resort Charity Events Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. The organization achieved an overall score of 56%, with strengths in governance, including a fully independent board and a conflict of interest policy in place. However, significant weaknesses were noted in financial transparency, such as missing financial statements and tax forms on the nonprofit's website, which adversely affected their score.

The charity's program expense ratio is commendable at 98.68%, suggesting that a substantial portion of its expenditures is directed toward its mission-related activities. This focus on programs indicates a commitment to effective service delivery. Nevertheless, the organization faces challenges with its liabilities to assets ratio, which stands at 80.58%, signaling potential financial instability.

Limitations in documentation practices were highlighted, such as the absence of a whistleblower policy and a document retention and destruction policy. These gaps in governance could undermine stakeholder trust and transparency. Overall, while Resort Charity Events Inc demonstrates a strong commitment to programmatic efforts, its financial accountability and transparency require improvement.

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

Resort Charity Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resort Charity Events 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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