Solutions For Living Inc

Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating. Solutions For Living Inc has a moderate rating, indicating some concerns regarding its accountability and financial practices. While the organization has a strong program expense ratio, demonstrating effective allocation towards its mission, the overall governance structure appears to be a significant area for improvement, particularly with regard to board independence.

The charity scored low on several key governance metrics, including having no independent board members and failing to meet several transparency benchmarks such as posting tax forms on its website. While it has established policies on conflict of interest and has a solid audit process in place, the absence of a whistleblower policy and proper document retention practices raises questions about operational integrity.

Despite these weaknesses, Solutions For Living Inc does excel in its financial management, with a low liabilities to assets ratio and effective use of resources for programming. The organization demonstrates a commitment to its mission through its high program expense ratio, which can be a positive indicator for potential donors. However, addressing governance and transparency issues would enhance its overall effectiveness and accountability in the nonprofit sector.

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

Solutions For Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solutions For Living Inc submitted a form 990EZ, 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.