Olimpiakan Reservner

Charity Navigator Rating: Zero-Star out of Four Star rating

Olimpiakan Reservner has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial health, with an overall score of just 39%. While the organization has a fully independent board with all members being independent, it fails to meet many other critical standards, such as having an adequate board size and transparency in financial matters.

The nonprofit scored well in areas like financial statements audit and material diversion of assets, demonstrating some strengths in financial oversight. However, it has substantial weaknesses, including a low program expense ratio and a lack of essential policies related to conflicts of interest and whistleblower protections. These limitations suggest a need for improvement in governance and financial practices to ensure accountability and effective use of resources.

Overall, the low scores in various accountability metrics and the insufficient program expenses indicate that Olimpiakan Reservner may not be effectively utilizing funds for its intended public benefit. Potential donors and supporters should carefully consider these factors before engaging with the organization.

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

Olimpiakan Reservner is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olimpiakan Reservner 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,454

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