Cal Tri Events

Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)

Cal Tri Events has received a Two-Star rating from Charity Navigator, indicating room for improvement in its accountability and finance practices. The organization has demonstrated strengths in having a majority of independent board members and a solid program expense ratio of 97.79%, which suggests a strong commitment to directing funds towards its programs. Additionally, it has effectively maintained a low liabilities to assets ratio, reflecting sound financial health.

However, the rating also highlights notable weaknesses, particularly in governance practices. The absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy raises concerns about the organization's transparency and accountability. Furthermore, the organization has not submitted financial statements, which significantly impacts its overall score in the finance category.

In summary, while Cal Tri Events shows financial promise with high program expenses relative to its resources, it must address governance issues to enhance its transparency and accountability. Without these improvements, it may struggle to build trust among its donors and stakeholders.

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

Cal Tri Events is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Tri Events 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

For more financial information, click here

Official website here: www.californiatriathlon.org