Elk City High School Alumni Foundation

Charity Navigator Rating: 31%

The Elk City High School Alumni Foundation has received a low rating of 31%, which translates to a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization’s accountability and financial practices. The lack of independent board members and several missing policies, including conflict of interest and whistleblower policies, further contribute to this rating.

On a positive note, the organization has demonstrated a solid liabilities to assets ratio and has not reported any material diversion of assets, indicating a degree of financial stability. Additionally, documentation of board meeting minutes is adequately maintained, which shows some level of operational transparency. However, the absence of a public website and the failure to post required documents raise red flags about accessibility and compliance.

Overall, while the foundation does manage its financial liabilities well, the weak scores in governance and transparency hinder its credibility. Prospective donors and supporters should consider these factors carefully before contributing.

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

Elk City High School Alumni Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elk City High School Alumni 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: $7,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here