Healthfirst Phsp Inc

Charity Navigator Rating: Needs Improvement (66%)

Healthfirst Phsp Inc received a two-star rating indicating that the organization has significant areas for improvement, particularly in governance and transparency. The lack of independent board members and an insufficiently sized independent board raises concerns about the organization's accountability. Although it has strong scores in audit oversight and conflict of interest policies, the absence of critical documents on its website reflects a need for greater transparency.

One of the organizational strengths is its high program expense ratio, which demonstrates a strong commitment to funding its programs effectively. This indicates that a large majority of its expenses directly support its mission, which is a positive aspect for donors and stakeholders. However, the liabilities to assets ratio suggests potential financial strain that could impact operations if not addressed.

While the nonprofit has established solid policies for whistleblower protection and document retention, the overall governance structure may need to be enhanced to instill greater confidence among supporters. In summary, Healthfirst Phsp Inc shows promise through its program spending but must improve its governance practices to achieve a higher rating.

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

Healthfirst Phsp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthfirst Phsp 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: $0

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