Miami-Dade Sports & Educational Optimist Club Corp

Charity Navigator Rating: 60%, Two-Star out of Four Stars

The Miami-Dade Sports & Educational Optimist Club Corp has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization scored 60% overall, with a strong showing in some areas, such as having a fully independent board and a favorable liabilities to assets ratio. Notably, the program expense ratio is excellent, suggesting that all of its funds are directed towards its mission-related activities.

However, several critical weaknesses were identified in the organization's governance and transparency practices. Key policies such as conflict of interest, whistleblower, and document retention are missing, which raises concerns about the organization's accountability. Additionally, the lack of meeting minutes and the omission of the website on their tax form further detracts from their transparency.

Overall, while the Miami-Dade Sports & Educational Optimist Club Corp demonstrates strong financial commitment to its programs, the absence of essential governance policies and documentation may limit its effectiveness and trustworthiness in the eyes of potential donors and supporters.

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

Miami-Dade Sports & Educational Optimist Club Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami-Dade Sports & Educational Optimist Club Corp 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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