Little River Club Inc

Charity Navigator Rating: 44% - Zero-Star out of Four Star rating

Little River Club Inc has received a low score of 44% from Charity Navigator, resulting in a Zero-Star rating. This score is primarily based on its accountability and finance practices, highlighting significant concerns regarding the organization's financial transparency and governance.

One of the notable weaknesses is the low percentage of independent board members, which stands at only 42%. While the organization has demonstrated good practices in areas like conflict of interest, whistleblower policies, and maintaining meeting minutes, the lack of a website listed on their tax form and the absence of posted tax documents on their website are detrimental to their rating.

Financial ratios also indicate challenges, with a liabilities to assets ratio of 11.24% and a program expense ratio of 16.73%, both of which received poor scores. These financial indicators raise questions about the organization's ability to effectively utilize its resources for programmatic impact. Overall, the organization shows some strengths in governance policies but struggles with financial transparency and board independence.

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

Little River Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little River Club 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: $23,175

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