Sisters Of St Francis - Mt Alverno Marian Residence

Charity Navigator rating: One-Star out of Four Stars (50%)

The Sisters of St Francis - Mt Alverno Marian Residence has received a low rating of 50% from Charity Navigator, which reflects significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which could impact its governance and transparency. While it has a conflict of interest policy in place, essential documents such as financial statements and the website link on their tax form are missing.

On a positive note, the organization shows a commendable program expense ratio of 100%, indicating that it allocates all its expenses to its programs, highlighting its commitment to its mission. Additionally, the absence of material diversion of assets further suggests that the funds are being utilized as intended. However, the overall lack of transparency and missing financial documentation raises concerns for potential donors or stakeholders.

These issues could affect trust in the organization's operations and its ability to effectively communicate financial health. Potential supporters should carefully consider these factors before engaging with or donating to the Sisters of St Francis - Mt Alverno Marian Residence.

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

Sisters Of St Francis - Mt Alverno Marian Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of St Francis - Mt Alverno Marian 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: $513,544

For more financial information, click here