Sherry's Hope Inc

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. This rating indicates that Sherry's Hope Inc has room for improvement in areas related to accountability and financial management. The overall score reflects a moderate level of performance, suggesting that while the organization is functional, stakeholders should be aware of certain governance concerns.

One notable strength is the organization's financial stability, highlighted by a Program Expense Ratio of nearly 80%, indicating that a significant portion of its expenses directly supports its programs. Additionally, there are no reported material diversions of assets, and the organization has received full marks for its financial audit, which suggests responsible fiscal management in that regard.

However, the organization struggles with governance transparency, as evidenced by the absence of independent board members and missing policies such as Conflict of Interest and Whistleblower policies. These deficiencies may raise questions about organizational accountability and oversight. Furthermore, the lack of a posted tax form on the nonprofit's website limits transparency for potential donors and stakeholders.

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

Sherry's Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherry's Hope 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,934

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Official website here: www.sherrysrun.org