Pearl Street Counseling Center Inc

Charity Navigator Rating: Needs Improvement

Pearl Street Counseling Center Inc has received a two-star rating from Charity Navigator, indicating that while the organization has certain strengths, it also faces challenges. The overall score is 71%, with particular commendation for its accountability and finance practices. Notably, the organization boasts a fully independent board and high marks for its conflict of interest policy, program expense ratio, and the integrity of its financial oversight.

However, the organization’s financial health is a concern, highlighted by a liabilities to assets ratio of 107.09%, which suggests financial instability. This indicates that the organization's liabilities exceed its assets, raising questions about its long-term sustainability. Despite the positive aspects of oversight and governance, the financial challenges may impact its capacity to deliver services effectively.

In terms of staffing, the salaries of key personnel appear to be reasonable, with the executive director earning $95,241 and the office manager $55,686, while other board members serve without compensation. Overall, while Pearl Street Counseling Center demonstrates strong governance and program effectiveness, its financial challenges need to be addressed for improved operational stability.

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

Pearl Street Counseling Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pearl Street Counseling Center 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: $150,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,938

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