Willard J Houghton Foundation

Charity Navigator Rating: 1 Star (54%)

The Willard J Houghton Foundation has received a low rating of 54%, translating to a One-Star out of Four Stars designation primarily due to its Accountability & Finance score. While the foundation benefits from strong governance practices, including complete independence among board members and the presence of essential policies like conflict of interest and whistleblower protections, it struggles significantly in financial performance indicators.

One of the major concerns highlighted in the evaluation is the absence of program expenses, which is alarming for a nonprofit as it suggests that funds are not being directed towards mission-driven activities. Additionally, the foundation's liabilities to assets ratio indicates a concerning financial stability, further contributing to its low rating. Although the foundation maintains transparency with its board meeting minutes, the missing tax form from its website raises questions about its overall accountability.

In summary, while the Willard J Houghton Foundation is structured with a competent board and essential governance policies, its lack of program expenditure and financial performance ultimately detracts from its effectiveness as a nonprofit organization. Stakeholders may want to consider these factors when evaluating the foundation's impact.

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

Willard J Houghton Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willard J Houghton Foundation 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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