Tanner Gardens Apartments

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

Tanner Gardens Apartments has secured a Three-Star rating from Charity Navigator, reflecting an 80% score, which signals a solid level of accountability and finance management. The rating is derived solely from the Accountability & Finance beacon, demonstrating their commitment to transparency and governance. The organization has performed particularly well in areas such as having a fully independent board and thorough financial oversight.

Strengths include a strong conflict of interest policy and the presence of a whistleblower policy, both of which contribute to a healthy governance structure. The organization is also commended for its substantial program expenses, allocating a significant portion of its budget towards its mission-driven activities. This indicates a focus on delivering value to its community.

However, there are some limitations in the financial metrics, particularly the liabilities to assets ratio, which stands at 68.79%. This figure suggests that the organization might have a concerning level of liabilities relative to its assets, which could pose risks for financial stability in the long term. Overall, while Tanner Gardens Apartments demonstrates strong governance practices, potential donors and stakeholders should consider the financial liabilities in their assessment.

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

Tanner Gardens Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tanner Gardens Apartments 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: $210,732

For more financial information, click here