Haven Peniel Senior Residence

Charity Navigator Rating: Two-Star out of Four Star rating (67%)

Haven Peniel Senior Residence has received a two-star rating from Charity Navigator, indicating a need for improvement. While the organization excels in accountability and financial practices, scoring 100% in this area, it faces significant shortcomings in transparency and policy disclosures. Key elements such as conflict of interest and whistleblower policies are missing, which are critical for fostering trust and good governance.

The nonprofit demonstrates a strong commitment to financial oversight, as evidenced by its perfect score in financial statements and an independent board structure. However, the liabilities to assets ratio is concerning at 138.97%, which suggests potential financial instability. The organization shows positive signs in its program expenses, achieving a perfect score in that metric, indicating that funds are being directed toward its mission effectively.

Despite its strengths in some areas, the lack of essential policies and the negative financial ratio highlight areas needing attention and improvement. Enhancing transparency and developing the necessary governance policies could significantly benefit Haven Peniel Senior Residence as it works toward better serving its community.

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

Haven Peniel Senior Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haven Peniel Senior Residence 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: $122,322

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