National Wheelcats Inc

Charity Navigator Rating: 76%, Three-Star out of Four Stars

National Wheelcats Inc has received a 76% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score is based solely on the organization’s financial practices, which suggest a commitment to transparency and effective management of funds. A notable strength is the presence of a majority independent board, which enhances governance and oversight.

The organization excels in various financial metrics, achieving full scores in areas such as independent board members, material diversion of assets, and liabilities to assets ratio. Additionally, their program expense ratio stands at 77.79%, reflecting a focus on utilizing funds for their intended programmatic purposes. However, the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy indicate areas where governance could be strengthened.

While National Wheelcats Inc shows positive attributes, implementing the missing policies could improve their overall governance framework and enhance stakeholder confidence. The absence of these policies may raise concerns regarding transparency and risk management, which are crucial for nonprofit organizations operating within the public trust.

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

National Wheelcats Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Wheelcats 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.

Heare are some key statistics you may want to consider:

Executive Compensation: $41,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,898

For more financial information, click here

Official website here: www.nationalwheelcats.org