North Bay Aquatics

Charity Navigator Rating: 69%, Two-Star out of Four Star rating

North Bay Aquatics has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The rating reflects the charity's strong performance in certain areas, particularly its program expense ratio, which is impressively high at 94.68%, showing that the majority of its resources are directed towards its programs. However, the overall score is primarily derived from its accountability and finance practices, where it scored only 69%.

The organization has strengths in its governance structure, with a majority of independent board members and an appropriate number of independent members relative to its board size. Additionally, it has demonstrated responsible asset management with no material diversion of assets. However, significant concerns arise from several missing policies, including conflict of interest and whistleblower policies, which contribute to its lower ratings in accountability.

Overall, while North Bay Aquatics performs well in terms of program expenses and maintains strong asset management practices, it faces challenges in transparency and governance policies. Addressing the gaps in policy documentation could enhance its accountability and potentially improve its rating in the future.

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

North Bay Aquatics is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Bay Aquatics 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: $436,735

For more financial information, click here

Official website here: www.northbayaquatics.org