Vegas Junior Golden Knights Foundation

Charity Navigator Rating: 45%, Zero-Star out of Four Star rating.

The Vegas Junior Golden Knights Foundation has received a low score of 45%, resulting in a Zero-Star rating. This rating primarily reflects the organization's accountability and finance practices, which are critical for donor trust and operational transparency. The absence of independent board members and missing financial statements are major contributors to this low score.

Despite some positive aspects, such as a high program expense ratio of 95.90%, indicating that most funds are directed toward its mission-related activities, the organization's financial oversight appears weak. The lack of independent oversight and missing documentation like board meeting minutes and the tax form on its website raises concerns about governance.

Additionally, the liabilities to assets ratio of 188.51% suggests potential financial instability, which could impact the foundation's ability to sustain its programs in the long run. Overall, while the foundation is engaged in meaningful work, significant improvements in governance and financial transparency are needed to gain a higher rating and enhance donor confidence.

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

Vegas Junior Golden Knights Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vegas Junior Golden Knights 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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Official website here: www.vegasgoldenknightsjr.com