Iditarod Trail Race Foundation C/O John K Norman Secretary

Charity Navigator Rating: Needs Improvement (Two Stars, 73%)

The Iditarod Trail Race Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that it needs improvement in its operational practices. The organization has a solid accountability and finance score of 73, reflecting well on several key areas such as having a fully independent board and a favorable liabilities to assets ratio of 0.00%. Program expenses are utilized efficiently, with an impressive ratio of 85.58%.

However, the organization faces several significant shortcomings that may affect its rating. Notably, it lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each of which detracts from its overall governance practices. Furthermore, the absence of its tax forms on the nonprofit’s website raises transparency concerns.

While the foundation demonstrates strong aspects of financial management and board independence, the noted deficiencies in governance policies and documentation highlight areas that require attention to improve its overall rating and public trust.

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

Iditarod Trail Race Foundation C/O John K Norman Secretary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iditarod Trail Race Foundation C/O John K Norman Secretary 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

For more financial information, click here