Helping Hands Home Assistance Inc

Charity Navigator Rating: Needs Improvement

Helping Hands Home Assistance Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. With an overall score of 66%, the organization demonstrates some strengths in governance, such as having a fully independent board and adequate policies for conflict of interest and document retention. However, significant weaknesses were noted in financial transparency, particularly in the lack of accessible financial statements on their website, which could hinder public trust.

The financial health of the organization is measured by a liabilities to assets ratio of 64.62%, which is fairly concerning, although their program expense ratio of 72.87% suggests that a solid portion of resources is directed towards their programs. The lack of a whistleblower policy and failure to post their tax forms online raises red flags regarding accountability and transparency practices.

Overall, while Helping Hands Home Assistance Inc has established a framework for governance and program spending, there are critical areas that require attention, particularly in financial reporting and public accountability. Addressing these issues could help improve their rating and foster greater public confidence in their operations.

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

Helping Hands Home Assistance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Hands Home Assistance 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: $99,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,686

For more financial information, click here

Official website here: www.helpinghandshomeassistance.org