New Canaan Athletic Foundation Inc

Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.

The New Canaan Athletic Foundation Inc has been rated poorly, primarily due to significant shortcomings in accountability and finance. With an overall score of 43%, the organization lacks essential governance practices, as indicated by the absence of independent board members and missing documentation such as financial statements and various policies. These deficiencies heavily influenced their low rating, reflecting concerns about transparency and oversight.

Despite the low rating, the foundation does demonstrate a reasonable program expense ratio of 64.26%, which implies that a majority of its expenses are directed toward its programs. However, the lack of independent board members and failure to meet basic accountability standards are major red flags for potential donors and stakeholders.

Overall, while the foundation may be committing resources toward its programs, the significant governance issues and missing financial disclosures suggest a need for improvement in organizational practices. This rating serves as a caution to those considering engagement with the nonprofit, highlighting the importance of transparency and accountability in charitable organizations.

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

New Canaan Athletic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Canaan Athletic Foundation 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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