Neptune Aquatics Inc

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Neptune Aquatics Inc has received a score of 77%, which translates to a Three-Star rating on Charity Navigator. This score reflects the organization’s strong performance in accountability and finance, a crucial aspect for potential donors assessing the reliability and transparency of the charity. The rating is based entirely on its accountability and finance score, indicating a strong emphasis on these areas in their operations.

The organization showcases several strengths, particularly in its governance. It boasts a fully independent board, with all ten members having no ties to the organization, which is a significant positive indicator of impartiality and oversight. Additionally, with a program expense ratio of 93.21%, the charity is effective in directing the majority of its funds toward its programs rather than administrative costs.

On the downside, while the organization performs well in accountability metrics, a single beacon score might limit potential donors from evaluating other crucial aspects of the charity's operations. However, the absence of material diversion of assets and a solid conflict of interest policy are encouraging signs for supporters and stakeholders. Overall, Neptune Aquatics Inc demonstrates a commitment to financial integrity and accountability.

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

Neptune Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neptune Aquatics 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: $51,941
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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