New Hope Elementary Pto Inc

Charity Navigator Rating: 72%, Two-Star out of Four Stars

New Hope Elementary Pto Inc has received a 72% rating, classified as a Two-Star charity. This score primarily reflects the organization’s accountability and finance practices, indicating room for improvement despite solid governance measures. Their financial practices suggest a focus on responsible management, as they have reported no material diversion of assets and maintain a liability to assets ratio of 0.00%.

The organization boasts a fully independent board, which is a positive aspect of its governance structure, ensuring that decisions are made without conflicts of interest. They also have a documented conflict of interest policy and actively maintain board meeting minutes, contributing to transparency and accountability. However, the program expense ratio of 63.45% shows that there is potential for a greater portion of their budget to be allocated directly to programmatic activities.

While the strong governance and financial practices are commendable, the overall Two-Star rating highlights that there are aspects of the organization that could be enhanced, particularly in the effectiveness of the programs funded. Continued focus on increasing program spending could help improve their rating and impact in the community.

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

New Hope Elementary Pto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Elementary Pto 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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