Waynedale Ii Apartments Inc

Charity Navigator Rating: 45% (Zero-Star out of Four Star rating)

Waynedale II Apartments Inc has received a low score of 45%, which places it in the Zero-Star category. This rating reflects significant concerns regarding the organization's accountability and financial practices, particularly in areas such as board independence and transparency. With only 28% of its board being independent members, the nonprofit lacks the governance structure that is generally recommended for effective oversight.

Despite the concerning governance issues, Waynedale II Apartments Inc has demonstrated strong program expense ratios at 79.33%, indicating that a large portion of its expenses are directed toward its programs rather than administrative costs. However, the organization is marked by several missing critical policies and documentation, including a whistleblower policy and a conflict of interest policy, which undermines its accountability measures.

Overall, while the organization shows some strengths in program execution, its significant shortcomings in governance and transparency raise red flags for potential donors and stakeholders. The lack of a functional website and essential documentation further complicates its standing and may deter support.

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

Waynedale Ii Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waynedale Ii Apartments 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: $12,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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