Alabama Recreation And Parks Foundation

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

The Alabama Recreation and Parks Foundation has been rated with a two-star designation, indicating a need for improvement in various operational aspects. While the organization demonstrates strong accountability, evidenced by a perfect score for having an independent board and no material diversion of assets, significant gaps exist in its governance policies, which adversely affect its overall rating.

Among the strengths, the foundation maintains a high program expense ratio of 83.03%, suggesting that a substantial portion of its financial resources is directed towards its mission-related activities. However, the absence of critical governance documents such as a conflict of interest policy, whistleblower policy, and document retention policy point to weaknesses in its organizational practices. The failure to post tax forms on its website also raises transparency concerns, which are crucial for donor trust.

Overall, while the Alabama Recreation and Parks Foundation has commendable financial practices and governance structure, the lack of essential policies and transparency measures limits its effectiveness and accountability. Addressing these issues could enhance its credibility and operational success in serving the community.

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

Alabama Recreation And Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Recreation And Parks Foundation 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

For more financial information, click here