Nathan Hale Housing Co Inc

Charity Navigator Rating: Needs Improvement

Nathan Hale Housing Co Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are notable areas for improvement within the organization. With an overall score of 71%, the nonprofit demonstrates strengths in its governance structure, notably having 100% independent board members and a low liabilities to assets ratio. The program expense ratio is also strong, suggesting that a significant portion of its funds is directed towards its programs.

Despite these strengths, the organization faces significant weaknesses, particularly in financial transparency. It has not made its financial statements publicly available, which negatively impacts its accountability score. Moreover, the absence of a whistleblower policy, document retention policy, and failure to publish its tax form on its website further exacerbate concerns regarding governance practices.

While the presence of independent board members and proper documentation of board meeting minutes are positive indicators, the overall lack of transparency and missing policies suggest that Nathan Hale Housing Co Inc has considerable work to do to enhance its accountability and operational effectiveness.

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

Nathan Hale Housing Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nathan Hale Housing Co 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: $356,523

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