Rotary Club Of New Braunfels Foundation

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Rotary Club Of New Braunfels Foundation has received a low score of 33%, reflecting significant concerns regarding its accountability and financial transparency. The rating is based solely on the Accountability & Finance beacon, which highlights the charity's challenges in maintaining essential policies and practices that promote trust and governance. Notably, the organization has independent board members and does not show any material diversion of assets, which are positive aspects.

However, the foundation is lacking in critical areas that impact its overall score. Missing elements such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy raise red flags about its governance practices. Additionally, the absence of a website link on its tax forms and the failure to publish its tax forms online further point to a lack of transparency that could concern potential donors and stakeholders.

While the organization does have a reasonable program expense ratio, its overall financial health is still questionable, particularly with a liabilities to assets ratio of 0.00%. The lack of essential governance documents and transparency measures may limit the confidence of donors and the community in the foundation's operations.

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

Rotary Club Of New Braunfels Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of New Braunfels 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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