Delaware Stadium Corporation

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

The Delaware Stadium Corporation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating is solely based on the organization's accountability and finance, indicating a strong emphasis on transparent financial practices. Notably, the nonprofit boasts a fully independent board with 100% of its members being independent, as well as a high score for its financial oversight, demonstrating solid governance.

However, the organization has areas needing improvement. It lacks important policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have resulted in lower scores in those categories. Additionally, the organization has not posted its tax form on its website, which detracts from its overall accountability rating despite its strong financial ratios and absence of asset diversion.

Overall, while the Delaware Stadium Corporation shows commendable financial responsibility and governance through independent oversight, it would benefit from enhancing its policy framework to address transparency and conflict management. This would not only improve its rating but also bolster trust among stakeholders.

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

Delaware Stadium Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Stadium Corporation 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: $78,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.delawarestadiumcorp.com