Friends Of The Fair Inc

Charity Navigator Rating: 0 Stars

Friends Of The Fair Inc has received a Zero-Star out of Four Star rating from Charity Navigator, with an overall score of 33%. This rating primarily reflects the organization’s performance in the Accountability & Finance category, which has significant shortcomings. While the group earns points for having a majority independent board and a clear conflict of interest policy, it lacks essential governance policies such as a whistleblower policy, document retention policy, and has not posted key documents on its website.

The organization’s financial management also raises concerns, particularly with a program expense ratio of only 9.17%, indicating that a minimal portion of its resources is directed toward its programs. Additionally, the liabilities to assets ratio stands at 0.00%, which does not offer a clear picture of its financial health. The absence of board meeting minutes further contributes to the perception of a lack of transparency.

Overall, while Friends Of The Fair Inc demonstrates some structural strengths, particularly in board independence, the notable gaps in governance and finance management overshadow these positives. Stakeholders and potential donors may want to consider these factors when evaluating the charity's effectiveness and reliability.

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

Friends Of The Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Fair 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: $0

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Official website here: www.havasurodeo.com