Clairmont Oaks Inc

Charity Navigator Rating: Needs Improvement

Clairmont Oaks Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization has a commendable Accountability & Finance score of 73%, with strengths including a fully independent board and a high program expense ratio of 93.94%. These factors suggest that the organization is primarily focused on its charitable activities and maintains a well-structured governance system.

However, there are significant weaknesses that have affected the overall rating. The organization is missing key policies such as a whistleblower policy and document retention and destruction guidelines, which are critical for operational transparency and accountability. Additionally, they have not posted their tax form on their website, which can limit public access to important financial information.

Lastly, the liabilities to assets ratio of 76.83% raises concerns about financial stability, indicating that a large portion of the organization's assets may be tied up in liabilities. Overall, while Clairmont Oaks Inc demonstrates some strong governance practices, there are critical areas that require attention to enhance their organizational effectiveness and public trust.

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

Clairmont Oaks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clairmont Oaks 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: $793,109

For more financial information, click here

Official website here: www.clairmontoaks.org