Glenville Housing Inc C/O Allston Brighton Cdc

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Glenville Housing Inc C/O Allston Brighton CDC has achieved a rating of 73%, indicating a moderate level of performance in terms of accountability and finance. The rating is based entirely on a single beacon score, reflecting a strong focus on financial accountability. The organization has excelled in areas such as having a fully independent board and a solid liabilities-to-assets ratio, showcasing a commitment to sound governance and financial health.

Strengths of the organization include a fully independent board, with 10 out of 10 members being independent, and no material diversion of assets reported. They also maintain transparency by documenting board meeting minutes. Additionally, their program expense ratio is impressively high at 100%, indicating that all expenses are directed towards their programs rather than administrative costs.

However, despite these strengths, the overall rating remains at two stars, suggesting that while the organization is managing its financial accountability well, there may be other areas in need of improvement or further assessment that could enhance their overall performance. This moderate rating may impact donor confidence, as it suggests that there are opportunities for growth within the organization.

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

Glenville Housing Inc C/O Allston Brighton Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenville Housing Inc C/O Allston Brighton Cdc 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: $0

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