Penn Yan Manor Nursing Home Inc

Charity Navigator Rating: 94%

Penn Yan Manor Nursing Home Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. With a score of 94% in Accountability & Finance, the organization demonstrates a commitment to transparency and responsible stewardship of resources. Its independent board, which is composed entirely of independent members, further enhances its governance and oversight capabilities.

The organization excels in several key areas, including a perfect score in its audit and oversight committee, as well as in its conflict of interest policy and whistleblower policy. These factors contribute to a robust framework for ensuring ethical operations. Additionally, the low liabilities to assets ratio of 10.74% underscores its financial stability, while a program expense ratio of 82.93% indicates that a significant portion of its funds is directed toward its mission-driven programs.

While the rating and feedback highlight many organizational strengths, it is important for potential donors and stakeholders to remain aware of ongoing performance monitoring. Continued evaluation of program outcomes and community impact will be crucial for maintaining this high level of trust and effectiveness in serving its residents.

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

Penn Yan Manor Nursing Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Yan Manor Nursing Home 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: $101,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,095,211

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