Lamesa Boys & Girls Club Inc

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and financial health for Lamesa Boys & Girls Club Inc. The organization has demonstrated strong governance practices, with a fully independent board and excellent asset management metrics, such as a low liabilities to assets ratio of 0.81%.

However, the organization has several significant areas for improvement. Notably, it lacks essential policies including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and risk management. Additionally, the absence of a tax form website disclosure may hinder stakeholders' ability to access important financial documents.

Despite these shortcomings, the club maintains a relatively high program expense ratio of 74.86%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. Enhancements in policy documentation and disclosure could improve its overall rating and public trust.

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

Lamesa Boys & Girls Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamesa Boys & Girls Club 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: $116,566

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