New Mexico Gun Collectors Association Inc

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The New Mexico Gun Collectors Association Inc has received a Three-Star rating from Charity Navigator, reflecting its accountability and finance practices. This score is derived entirely from its strong performance in various accountability measures, highlighting the organization's commitment to responsible financial management. The fiscal year assessed was FY2021.

Strengths of the organization include a fully independent board with 10 out of 10 points, indicating strong governance practices. Additionally, there are no reported material diversions of assets, and the organization maintains a solid program expense ratio of 88.11%, suggesting that the majority of its funds are directed toward its mission-related activities. The organization also scores well on transparency, with its tax forms available on its website.

However, there are notable limitations in the areas of policy documentation. Specifically, the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring ethical operations. These deficiencies resulted in lower scores in those specific areas, indicating room for improvement in governance policies.

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

New Mexico Gun Collectors Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Gun Collectors Association Inc submitted a form 990EZ, 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.

Official website here: www.nmgca.net