Boys & Girls Clubs of Carlsbad’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the fourth consecutive time that Boys & Girls Clubs of Carlsbad has earned this top distinction.
Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“Boys & Girls Clubs of Carlsbad’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, president & CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness.”
“It’s important our donors trust that we’re using our funding wisely to accomplish our mission,” said Brad Holland, the Club’s CEO. “Our 4-star Charity Navigator rating helps our supporters feel much more confidant that their hard-earned dollars are being used efficiently and responsibly.”
For more information visit www.bgccarlsbad.org.
Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“Boys & Girls Clubs of Carlsbad’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, president & CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness.”
“It’s important our donors trust that we’re using our funding wisely to accomplish our mission,” said Brad Holland, the Club’s CEO. “Our 4-star Charity Navigator rating helps our supporters feel much more confidant that their hard-earned dollars are being used efficiently and responsibly.”
For more information visit www.bgccarlsbad.org.