Woodmont Clubhouse Association Inc

Charity Navigator Rating: 57% (One-Star out of Four Stars)

The Woodmont Clubhouse Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial health. With an overall score of 57%, the organization has shown strengths in governance, such as having a fully independent board and a comprehensive conflict of interest policy. However, the low scores in critical financial metrics raise red flags about its operational sustainability and effectiveness.

The association's financial ratios are particularly troubling, with a program expense ratio of only 28.36%, suggesting that a large portion of its resources may not be allocated towards its core mission. Additionally, the liabilities to assets ratio of 11.73% could indicate potential financial risk. While the organization has appropriate governance policies in place, the lack of transparency regarding its financial documents, such as the absence of the tax form on its website, further contributes to its low rating.

In summary, while the Woodmont Clubhouse Association demonstrates good governance practices, its financial performance is a significant concern. Donors and stakeholders should carefully consider these factors before engaging with the organization.

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

Woodmont Clubhouse Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodmont Clubhouse 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: $0

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Official website here: www.woodmont.com