Texas Lightning Youth Soccer Club Inc

Charity Navigator Rating: One-Star out of Four Stars (59%)

Texas Lightning Youth Soccer Club Inc has received a low rating of 59%, which reflects significant concerns regarding its accountability and finance management. The organization shows a serious lack of independent oversight, with only 33% of board members being independent, which negatively impacts its governance score. Additionally, the liabilities to assets ratio of 381.02% raises red flags about the organization's financial health.

Despite these concerns, the nonprofit does exhibit some strengths in its operations. It has a high program expense ratio of 96.23%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. The organization has also implemented important policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for maintaining transparency and ethical management.

However, the absence of the nonprofit's tax form on its website is a notable limitation, as it reduces transparency and accessibility of financial information for stakeholders. Overall, while Texas Lightning Youth Soccer Club Inc demonstrates a strong commitment to its programs, its governance and financial practices warrant careful consideration by potential donors and supporters.

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

Texas Lightning Youth Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Lightning Youth Soccer 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: $0

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