Norfolk Catholic Booster Club

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Norfolk Catholic Booster Club has received a 73% rating from Charity Navigator, which classifies it with a Two-Star rating. This score is derived solely from its Accountability & Finance beacon, indicating that the organization has strong financial practices and governance in place. The club boasts a fully independent board, with all 10 members meeting the independence criteria, which enhances its credibility in operations.

Several strengths contribute to its rating, including a perfect score for its material diversion of assets, indicating that there have been no significant misuses of funds. Additionally, the club has an impressive program expense ratio of 96.32%, suggesting that almost all of its expenses are directed towards its primary mission-related activities. Furthermore, the organization maintains transparency with documented board meeting minutes.

However, while the high scores in accountability and financial practices are commendable, the overall rating of 73% suggests there may be areas for improvement in other aspects of the organization that were not covered by the current evaluation metrics. This score indicates that, while the Booster Club is financially sound, stakeholders may want to keep an eye on its overall performance and effectiveness beyond just financial metrics.

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

Norfolk Catholic Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk Catholic Booster 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: $0

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