East Carolina Aquatics Inc

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that while East Carolina Aquatics Inc has some positive aspects, there are significant areas for improvement in accountability and transparency. The organization has a satisfactory program expense ratio, directing over 70% of its expenses towards its programs.

One notable strength is that the board of directors is fully independent, which enhances governance and supports accountability. Additionally, the organization has maintained a healthy liabilities to assets ratio of 3.69%, indicating a sound financial position relative to its obligations. However, the lack of essential policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about governance practices.

The absence of financial statements significantly impacts the organization's score, as it fails to provide transparency regarding its financial performance. Furthermore, while the organization has made efforts to list its tax form on its website, the missing policies could hinder its credibility and trust among stakeholders. Overall, East Carolina Aquatics Inc demonstrates potential but needs to enhance its governance and financial transparency.

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

East Carolina Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Carolina Aquatics 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: $68,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,631

For more financial information, click here

Official website here: www.swimeca.org