Lock Haven Court Corporation

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Lock Haven Court Corporation has achieved a Three-Star rating, reflecting a solid performance in accountability and finance. The organization scores particularly well in areas such as board independence and asset management, indicating a commitment to transparency and ethical governance. With a program expense ratio of 91.07%, it demonstrates a strong focus on allocating resources towards its mission-driven activities.

However, the organization has notable gaps in its governance policies, specifically lacking a whistleblower and document retention policy, which are critical for maintaining accountability and safeguarding against potential issues. While the presence of independent board members and a low liabilities-to-assets ratio enhance its financial stability, these missing elements could undermine its overall accountability framework.

Overall, Lock Haven Court Corporation shows strengths in financial management and operational focus, but it would benefit from addressing the identified limitations in its governance practices to further enhance its credibility and effectiveness as a nonprofit organization.

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

Lock Haven Court Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lock Haven Court Corporation 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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