Eagle Aquatics Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Eagle Aquatics Inc has received a rating of 56%, which reflects concerns regarding its accountability and financial practices. Notably, the organization has zero independent board members and lacks essential policies like conflict of interest, whistleblower, and document retention. These shortcomings contribute to a low score in governance, highlighting areas for improvement.

Despite its governance issues, the nonprofit excels in its program expense ratio, allocating 96.09% of its expenses directly to programs, indicating a strong commitment to its mission. Additionally, the organization has not faced any material diversion of assets, which is a positive aspect of its financial management. However, the absence of transparency measures, such as posting tax forms on its website, raises questions about its overall accountability.

While Eagle Aquatics Inc demonstrates a focus on its programs, the lack of independent oversight and missing policies suggest a need for significant enhancements to its operational framework to build trust and credibility within the community.

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

Eagle Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle Aquatics 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: $82,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.eagleswimmingassociation.com