Stingray Volleyball Club

Charity Navigator Rating: 0 Stars (47%)

Stingray Volleyball Club has received a low score of 47%, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization’s accountability and financial practices. Key issues include a complete lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections. Additionally, financial statements were not provided, highlighting transparency issues.

On a slightly positive note, the organization does maintain a low liabilities-to-assets ratio at 5.27%, which suggests that it is not heavily indebted and can manage its financial obligations. Furthermore, it has a program expense ratio of 66.12%, indicating that a substantial portion of its expenses is directed towards its programs. However, without proper governance structures and financial transparency, these figures may not fully capture the organization's overall health.

Overall, the lack of independent oversight, missing policies, and unavailability of financial statements significantly undermine Stingray Volleyball Club's credibility and trustworthiness as a nonprofit organization. Potential donors and stakeholders should consider these factors when evaluating their support for the club.

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

Stingray Volleyball Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stingray Volleyball Club 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: $136,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,261

For more financial information, click here

Official website here: www.stingrayvbc.com