Bellevue Swim Club

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

Bellevue Swim Club has received a low rating due to significant shortcomings in accountability and financial transparency. The organization has not maintained an independent board, with 0% of its board members being independent. Additionally, it lacks essential policies such as conflict of interest and whistleblower policies, which raises concerns about governance practices. While there are no material diversions of assets reported, the absence of publicly available documents, such as board meeting minutes and the tax form on its website, contributes to the overall lack of transparency.

Despite these governance issues, Bellevue Swim Club demonstrates a strong commitment to its programs, with a program expense ratio of 99.24%. This indicates that the vast majority of its expenses are directed towards its programs rather than administrative costs. However, the absence of necessary policies and documentation may hinder trust and accountability from donors and stakeholders.

Overall, Bellevue Swim Club's low rating reflects serious areas for improvement in governance and transparency, which are critical for fostering donor confidence and effective operational oversight. Addressing these weaknesses could enhance the organization’s reputation and effectiveness in serving its community.

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

Bellevue Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bellevue Swim 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,400

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