Fair Share Housing Development Inc

Charity Navigator rating: One-Star out of Four Stars (52%)

Fair Share Housing Development Inc has received a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The overall score, derived solely from its Accountability & Finance metrics, suggests that the organization struggles with transparency and governance, as reflected in the low scores for independent board members, financial statements, and key policies like conflict of interest and whistleblower protections.

Despite the challenges noted, Fair Share Housing Development Inc does maintain a relatively high program expense ratio of 76.30%, suggesting that a considerable portion of its expenditures is directed toward its programs rather than administrative costs. Additionally, the organization has been rated highly in its liabilities to assets ratio, indicating sound financial health in that regard.

However, the lack of independent board oversight and the absence of important financial documentation on its website raise red flags about its operational integrity. Stakeholders and potential donors should consider these factors carefully when evaluating the organization's effectiveness and commitment to best practices in nonprofit management.

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

Fair Share Housing Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Share Housing Development 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: $791,748

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