Bemidji Community Arena Corporation

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

The Bemidji Community Arena Corporation has achieved an 86% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is derived solely from its Accountability & Finance score, which indicates effective financial management practices within the organization. A key highlight is the presence of a fully independent board, which enhances governance and oversight.

The organization excels in several areas including financial transparency, as evidenced by its perfect score for audited financial statements and a solid program expense ratio of 98.44%. This suggests that the majority of its expenses are directed toward its programs rather than administrative costs, indicating a focused mission-driven approach. Additionally, the absence of material diversion of assets reinforces the organization’s integrity.

While the overall rating is commendable, it is important for potential donors and stakeholders to consider that the score is based exclusively on financial metrics. There may be other factors such as program impact or community feedback that are not reflected in the rating, suggesting a need for a broader evaluation when considering support for the organization.

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

Bemidji Community Arena Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bemidji Community Arena Corporation 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: $69,972

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