Virginia International Gymnastics Booster Club

Charity Navigator Rating: 33%, Zero-Star out of Four Stars

The Virginia International Gymnastics Booster Club has received a low rating of 33% from Charity Navigator, reflecting significant shortcomings in accountability and financial practices. While the organization scored well in areas such as having a majority of independent board members and no reported material diversion of assets, it failed to meet standards in critical governance policies, including conflict of interest and whistleblower policies.

The absence of essential governance policies has impacted the overall score heavily, resulting in zero points in multiple categories. Although the club demonstrates strong board independence and transparency regarding board meeting minutes, the lack of a visible website and necessary documentation relevant to financial accountability has raised concerns among evaluators.

Moreover, the organization's program expense ratio indicates that only about 41% of its expenses are directed towards its programs, which may suggest inefficiencies in resource allocation. Overall, while the Virginia International Gymnastics Booster Club has some organizational strengths, significant governance and transparency issues need to be addressed for improvement.

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

Virginia International Gymnastics Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia International Gymnastics Booster Club 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

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