Taos Sports Associates Inc

Charity Navigator Rating: Needs Improvement. Overall score: 69%. Rating: Two-Star out of Four Stars. This rating indicates that Taos Sports Associates Inc has room for growth in various aspects of its operations, particularly in accountability and transparency.

One of the strengths of the organization is its high percentage of independent board members, which reflects a commitment to governance. Additionally, the program expense ratio is solid at 83.59%, showing that a significant portion of its funds is directed towards its programs rather than administrative costs. However, the organization has significant gaps in its accountability practices, including missing financial statements and essential policies such as conflict of interest and whistleblower protections.

The lack of transparency in financial reporting, as evidenced by the absence of financial statements and the tax form on its website, raises concerns. Despite having met some governance standards, the missing policies and documents could pose risks in maintaining accountability to stakeholders. Aiming to address these limitations could enhance the organization’s overall effectiveness and trustworthiness among supporters and beneficiaries.

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

Taos Sports Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taos Sports Associates 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: $135,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,997

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Official website here: www.taosskiteam.com