Aiken Steeplechase Association Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 61%)

The Aiken Steeplechase Association Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. With an overall score of 61%, the organization demonstrates some strengths in areas such as having a fully independent board and a high program expense ratio of 83.80%, suggesting that a significant portion of its expenses is directed towards its charitable programs.

However, the organization faces several limitations that impact its rating. Notably, it has not provided financial statements or key governance policies, such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and accountability. The absence of these documents, along with its missing website listed on the tax form, raises concerns about the organization's adherence to best practices in nonprofit management.

Overall, while the Aiken Steeplechase Association Inc shows potential through its program expenses and board independence, the lack of essential financial disclosures and governance policies highlights areas that need significant attention and improvement to enhance its operational transparency and accountability.

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

Aiken Steeplechase Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aiken Steeplechase Association 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: $148,257

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