Putnam Baptist Homes Inc

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Putnam Baptist Homes Inc has received a moderate rating of 67% from Charity Navigator, indicating room for improvement in various areas of accountability and financial management. The organization excels in having a fully independent board, scoring full points in both board independence and size, which helps ensure that governance is conducted without conflicts of interest.

The charity shows strong performance in its program expense ratio, with an impressive 99.92%, demonstrating that the vast majority of its resources are allocated toward its mission-driven activities. Furthermore, it has a solid audit and oversight committee in place, which enhances transparency and accountability in its operations.

However, the organization faces significant challenges with a liabilities to assets ratio of 136.50%, indicating potential financial instability or overleveraging. This aspect raises concerns about the sustainability of its operations moving forward and highlights the need for improved financial management practices.

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

Putnam Baptist Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam Baptist Homes 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: $88,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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