H & T Medicals Inc

Charity Navigator Rating: 1 Star (52%)

H & T Medicals Inc has received a one-star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial management practices. The overall score is derived solely from the Accountability & Finance category, indicating a lack of transparency and governance within the organization. The organization scored particularly low in several key areas, such as having no independent board members and inadequate financial statements, which raises questions about its oversight and decision-making processes.

Despite these challenges, H & T Medicals Inc does demonstrate a decent program expense ratio of 71.83%, suggesting that a significant portion of its expenditures is directed towards its programs. Additionally, the organization has a low liabilities to assets ratio, indicating limited financial risk in that area. This may point to some positive aspects of its financial health, albeit overshadowed by the overall governance concerns.

The major limitations highlighted in the rating include the absence of essential policies like a conflict of interest policy and a whistleblower policy, which are crucial for maintaining ethical standards and accountability in nonprofit operations. This poor governance structure may detract from donor confidence and the organization's long-term sustainability.

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

H & T Medicals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. H & T Medicals 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: $524,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,510,826

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