Alternative Living For Later Years Inc

Charity Navigator Rating: One-Star out of Four Stars (58%)

Alternative Living For Later Years Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability. The overall score is derived solely from its Accountability & Finance metrics, which highlights the organization's weaknesses, particularly in the area of liabilities, where it scored 0 out of 15 points due to a high liabilities to assets ratio of 205.94%.

Despite its low overall score, the organization has strengths in governance, including a fully independent board and consistent documentation of board meeting minutes. The program expense ratio is commendable at 100%, indicating all expenses are directed towards its programs. However, the financial health indicated by the liabilities ratio raises red flags about the organization's sustainability and capacity to manage its obligations effectively.

In summary, while Alternative Living For Later Years Inc demonstrates good governance practices, its financial challenges as reflected in its high liabilities relative to its assets suggest potential risks. Prospective donors and stakeholders should consider these factors when evaluating the organization’s stability and long-term viability.

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

Alternative Living For Later Years Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative Living For Later Years 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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