Hartford Medical Society

Charity Navigator Rating: 33% (Zero-Star out of Four Stars)

The Hartford Medical Society has received a low rating of 33% from Charity Navigator, indicating serious concerns regarding its accountability and financial practices. While the organization scores well in governance aspects, such as having a fully independent board and no material diversion of assets, it falls short in several critical areas. The absence of a website and missing key policies such as conflict of interest and whistleblower protections have significantly impacted its overall score.

Financially, the organization shows weaknesses that raise red flags. It has a low program expense ratio of 27.57%, suggesting that a minimal portion of its expenses is directed towards its charitable programs. Additionally, its liabilities to assets ratio of 0.55% indicates potential financial instability, which is a significant area of concern for stakeholders.

While the Hartford Medical Society demonstrates strengths in board independence and governance, its lack of transparency and financial health are substantial limitations. Potential donors and stakeholders should approach with caution and consider these factors when engaging with the organization.

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

Hartford Medical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Medical Society 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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