Kiwanis Club Of Loch Raven Foundation Inc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The rating reflects the organization’s emphasis on accountability and financial transparency, scoring 73% overall based on its Accountability & Finance metrics. This rating highlights the charity's commitment to maintaining ethical standards despite some shortcomings in policy documentation.

The Kiwanis Club of Loch Raven Foundation Inc demonstrates strong governance, with all board members being independent and a solid board size of 8 members. The charity excels in managing its resources effectively, indicated by a program expense ratio of 96.20%, meaning the vast majority of its expenditures directly support its charitable mission. Furthermore, the organization has no material diversion of assets, reinforcing a stable financial environment.

However, the foundation has notable areas for improvement, particularly regarding its lack of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, a missing website listed on the tax form and the absence of its tax forms on the nonprofit's website may hinder transparency and accessibility for potential donors and stakeholders.

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

Kiwanis Club Of Loch Raven Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Club Of Loch Raven Foundation Inc 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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