Metropolitan Equestrian Team Inc

Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)

Metropolitan Equestrian Team Inc has achieved a 77% rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization has demonstrated excellent governance practices, with 100% of its board members being independent and adhering to various financial transparency standards. Key strengths include a high program expense ratio of 75.39%, indicating that a significant portion of its expenses directly supports its programs.

However, there are notable gaps in its policies, particularly the absence of a whistleblower policy and a document retention and destruction policy, which could affect its overall accountability framework. Additionally, the organization has a high liabilities to assets ratio of 168.96%, which may raise concerns regarding financial stability. While the charity's strengths in board independence and program spending are commendable, addressing these limitations could enhance its overall effectiveness and trustworthiness.

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

Metropolitan Equestrian Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Equestrian Team 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: $95,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,634

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Official website here: www.metropolitanequestrianteam.org