Simi Valley Rotary Charitable Foundation

Charity Navigator Rating: 48%

The Simi Valley Rotary Charitable Foundation has received a score of 48%, which translates to a Zero-Star out of Four Star rating. This rating indicates serious concerns regarding the organization's accountability and financial practices. Notably, the foundation has no independent board members, which raises questions about governance and oversight. Additionally, several essential policies, including those related to conflict of interest and whistleblower protections, are missing.

On a positive note, the foundation has demonstrated good financial management in some areas, with a low liabilities to assets ratio of 0.23% and a program expense ratio of 66.23%. This suggests that a significant portion of its expenses are directed toward its programs, which is a positive indicator of its service delivery. However, the absence of key governance documents and policies may undermine public trust and accountability.

Overall, while the Simi Valley Rotary Charitable Foundation does effectively allocate funds to its programs, its lack of independent oversight and missing governance policies contribute to its low rating. Potential donors and supporters may want to consider these factors carefully before contributing.

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

Simi Valley Rotary Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simi Valley Rotary Charitable 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

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