Mcloughlin Memorial Association

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

The Mcloughlin Memorial Association has received a low rating of 56%, indicating significant concerns in its accountability and financial practices. A notable issue is the complete lack of independent board members, which raises questions about governance and oversight. While the organization does not have any reported material diversion of assets, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for ensuring ethical operations.

On a positive note, the charity demonstrates a strong commitment to its programs, with a program expense ratio of 80.08%, indicating that a majority of its expenditures are directed towards its mission. Additionally, the organization does maintain proper meeting documentation, which is a positive aspect in terms of transparency.

However, the absence of a tax form on its website and the lack of a document retention policy further highlight the need for improved transparency and governance. Overall, the Mcloughlin Memorial Association's performance suggests a need for significant improvements in its operational policies and board structure to enhance its accountability and public trust.

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

Mcloughlin Memorial Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcloughlin Memorial Association 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: $2,107

For more financial information, click here

Official website here: www.mcloughlinhouse.org