Roanoke Valley Swimming Inc

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

Roanoke Valley Swimming Inc has received a 76% score, reflecting a strong performance in accountability and finance. The organization boasts a fully independent board with 88% of its members being independent, which is a positive indicator of governance. Additionally, there have been no material diversions of assets, and the organization maintains a high program expense ratio of 96.67%, suggesting that most funds are directed toward its programs rather than administrative costs.

However, there are notable areas for improvement. The charity lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and ethical governance. Furthermore, the absence of the tax form on the nonprofit's website is another limitation that could affect public trust. While the organization shows strength in its financial management, addressing these policy gaps would enhance its overall accountability.

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

Roanoke Valley Swimming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roanoke Valley Swimming 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,599

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