Tacoma Washington Bicycle Club

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)

The Tacoma Washington Bicycle Club has received a two-star rating from Charity Navigator, indicating that while they have some strengths in their financial management, there are significant areas that need improvement. The overall score of 70% reflects a solid performance in areas such as an independent board and program expense ratio, with all program expenses directed towards their mission. This suggests a commitment to utilizing funds effectively for their initiatives.

However, the nonprofit faces critical shortcomings in accountability and transparency. Notably, the organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Additionally, the absence of website postings for their tax forms and board meeting minutes raises concerns about their operational transparency and governance practices.

While the Tacoma Washington Bicycle Club demonstrates a dedication to its cause through effective financial practices, the missing policies and documentation highlight a need for improvement in governance and communication. Focusing on these areas could enhance their accountability and trust among stakeholders.

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

Tacoma Washington Bicycle Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tacoma Washington Bicycle Club 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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