Lemon Bay Sunrise Rotary Schship Tr

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

Lemon Bay Sunrise Rotary Scholarship Trust has received a 73% rating from Charity Navigator, indicating a Two-Star evaluation primarily based on its accountability and finance metrics. The organization excels in several areas, including having a fully independent board and a strong program expense ratio of 99.98%, which suggests that nearly all of its expenditures are directed toward its programs rather than administrative costs.

The charity has demonstrated excellent accountability practices, evident from its perfect scores in categories such as the documentation of board meeting minutes and the absence of material diversion of assets. Additionally, it maintains a favorable liabilities to assets ratio of 0.00%, reflecting a solid financial footing and responsible management of resources.

However, the overall score may indicate that there are areas for improvement within the organization, particularly in strategic growth and transparency that go beyond financial metrics. While the financial practices are commendable, the low overall rating suggests potential limitations in other aspects of the organization’s operations or impact that may not be fully captured by the current evaluation criteria.

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

Lemon Bay Sunrise Rotary Schship Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lemon Bay Sunrise Rotary Schship Tr 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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