Real Racine Sports And Events Commission Inc

Charity Navigator Rating: 65% (Two-Star out of Four Star rating)

Real Racine Sports and Events Commission Inc has received a Two-Star rating, indicating that while it has some strengths, there are significant concerns regarding accountability and finance. The organization has performed well in areas such as having a fully independent board and no material diversion of assets, receiving perfect scores in these categories. However, the missing whistleblower and document retention policies have negatively affected its overall standing.

The commission's program expense ratio is commendable at 81.51%, suggesting that a large portion of its expenses is directed toward its programs rather than overhead. Still, the liabilities to assets ratio is alarmingly high at 4512.57%, raising red flags about its financial stability and sustainability. This discrepancy indicates potential challenges in managing its financial commitments effectively.

Overall, while Real Racine Sports and Events Commission Inc demonstrates a commitment to programmatic work and governance structure, the significant financial concerns and lack of certain policies point to areas needing improvement. Prospective donors and supporters should weigh these factors carefully before engaging with the organization.

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

Real Racine Sports And Events Commission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Racine Sports And Events Commission 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: $36,331

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