Naydenov Gymnastics Booster Club

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

The Naydenov Gymnastics Booster Club has received a low rating of 56%, indicating potential concerns in its accountability and financial practices. The organization has a significant lack of independent board members, which may impact governance and oversight. Although it has an excellent program expense ratio of 97.27%, suggesting most funds are directed towards programs, the absence of key policies raises concerns about transparency and accountability.

Additionally, the nonprofit is missing critical policies, such as a conflict of interest and whistleblower policy, which are essential for maintaining trust and integrity in operations. While it does have some positive aspects, like not having material diversions of assets and having its website listed on the tax form, the overall governance framework appears weak. The need for improved board independence and policy development is crucial for enhancing its rating and public perception.

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

Naydenov Gymnastics Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Naydenov Gymnastics Booster Club 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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Official website here: www.naydenovboosterclub.org