Chinese Club Of San Marino

Charity Navigator Rating: Needs Improvement

The Chinese Club of San Marino has received a Two-Star out of Four Star rating from Charity Navigator, indicating a score of 67% overall. This rating reflects both strengths and weaknesses in the organization's accountability and financial transparency. Notably, the nonprofit has a fully independent board, which suggests a positive governance structure. Additionally, the organization allocates a high percentage of its expenses towards programs, indicating effective use of funds.

However, there are significant limitations evident in the rating. The organization has received zero points for financial statements and lacks several essential policies, including conflict of interest, whistleblower, and document retention policies. Furthermore, important documents such as tax forms and board meeting minutes are not publicly accessible, which raises concerns about transparency and accountability.

Overall, while the Chinese Club of San Marino demonstrates strengths in board independence and program spending, the lack of financial documentation and necessary policies underscores the need for improvement in governance practices and transparency. Addressing these weaknesses could enhance the organization's standing and trustworthiness in the community.

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

Chinese Club Of San Marino is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese Club Of San Marino 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: $617,062

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