Carlsbad Rotary Foundation

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Carlsbad Rotary Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 53%, the organization lacks independent board members, which raises questions about governance and oversight. While it does not have any material diversion of assets, the absence of key policies such as conflict of interest and whistleblower protections is troubling.

On a positive note, the foundation shows a strong commitment to its mission, evidenced by a program expense ratio of 98.31%, which means the vast majority of its funds are directed toward achieving its charitable goals. However, the lack of transparency, highlighted by missing critical documentation such as its website link on tax forms and the absence of posted financial documents, limits its accountability to stakeholders.

In summary, while the Carlsbad Rotary Foundation is effectively directing funds to programs, its governance structure and lack of essential policies present substantial risks. Prospective donors may want to consider these factors when evaluating their support for the organization.

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

Carlsbad Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carlsbad Rotary Foundation 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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