Headache Cooperative Of New England

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

The Headache Cooperative Of New England has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in its accountability and financial transparency. The organization boasts a 100% independent board, highlighting strong governance in terms of board member independence. However, it has not submitted financial statements, which significantly impacts its overall score.

Strengths include a solid program expense ratio of 100%, suggesting that all of its expenditures are directed toward its programs rather than administrative costs. Additionally, the charity has no liabilities, reflecting a sound financial position in that regard. However, the absence of several key policies, such as those regarding conflicts of interest and whistleblower protection, raises concerns about its governance practices.

Overall, while the Headache Cooperative Of New England demonstrates a commitment to its mission through its program expenses and independent board structure, the lack of financial documentation and missing policies indicate areas that require attention to enhance trust and transparency with potential donors.

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

Headache Cooperative Of New England is a legitimate nonprofit organization registered as a 501(c)(3) entity. Headache Cooperative Of New England 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: $206,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.hacoop.org