Cuong Nhu Martial Arts Inc

Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.

Cuong Nhu Martial Arts Inc has received a low rating primarily due to its accountability and finance metrics. The organization scores well in areas such as having a majority of independent board members and no material diversion of assets, indicating some strengths in governance and financial integrity. However, the lack of critical policies, such as conflict of interest and whistleblower policies, has significantly impacted its overall rating.

The organization also faces limitations in transparency with missing documentation, including tax forms that should be available on its website. Additionally, while the program expense ratio is relatively decent, it suggests that more than 44% of its expenses may not be directed towards its programs. Consequently, the absence of essential policies and documentation raises concerns about the organization's operational practices.

Overall, Cuong Nhu Martial Arts Inc's Zero-Star rating signals significant areas for improvement in governance and transparency, which are crucial for building trust with donors and stakeholders.

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

Cuong Nhu Martial Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cuong Nhu Martial Arts 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: $32,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.cuongnhu.com