H Read Inc

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

H Read Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in the area of Accountability & Finance. The organization has demonstrated excellent governance practices, with a fully independent board and robust financial oversight mechanisms in place. Notably, it scored max points in several areas, including the absence of material diversion of assets, a high program expense ratio, and a comprehensive conflict of interest policy.

The organization's financial health is solid, indicated by a low liabilities-to-assets ratio of 7.10%, which suggests effective management of its resources. Additionally, a significant portion of its expenses goes directly to programs, showcasing a commitment to its mission and efficient use of donor contributions. However, it should be noted that the charity is lacking a whistleblower policy, which could be an area for improvement in terms of transparency and accountability.

Overall, H Read Inc presents itself as a reliable nonprofit with strong ethical standards and a focus on its core mission. While it excels in many areas, addressing the absence of a whistleblower policy would enhance its governance framework and reinforce trust among stakeholders.

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

H Read Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. H Read Inc 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: $299,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,440,489

For more financial information, click here

Official website here: www.mansfieldchildrenscenter.org