St Nicholas Home

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

St Nicholas Home has received a low rating of 33% from Charity Navigator, resulting in a Zero-Star rating. This score reflects serious concerns primarily related to accountability and finance, which is the sole criterion assessed. Although the organization has a fully independent board and no reported material diversion of assets, these strengths are overshadowed by significant deficiencies in key governance policies.

Notably, St Nicholas Home lacks essential policies such as a conflict of interest policy, whistleblower policy, and a document retention policy. Furthermore, their website is missing from the tax form, and they do not adequately publish their financial documents online as required. These shortcomings significantly impact their accountability score, which stands at only 33%.

Financially, the organization faces challenges, with a staggering liabilities to assets ratio of 614.80% and a program expense ratio of just under 50%. These figures suggest a potential risk in financial health and program effectiveness, indicating that the nonprofit may not be utilizing its resources effectively to achieve its goals. Overall, while there are some positive aspects regarding governance structure, the organization's lack of transparency and financial management raises serious concerns for potential supporters and stakeholders.

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

St Nicholas Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Nicholas Home 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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