Cedars Elderly Home Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)

Cedars Elderly Home Inc has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in its accountability and financial practices. While the organization has shown strengths in governance with a fully independent board and proper documentation of board meeting minutes, there are critical areas that require attention, such as missing whistleblower and document retention policies.

Financially, the organization boasts a strong program expense ratio of 88.52%, demonstrating that a significant portion of its expenditures is directed towards its mission. However, it faces challenges with a high liabilities-to-assets ratio of 175.67%, which could raise concerns about its financial stability. Additionally, the absence of required postings on its website, including the tax form, suggests a lack of transparency in its financial reporting.

Overall, while Cedars Elderly Home Inc exhibits positive governance elements and a commitment to its programs, the identified gaps in accountability and financial management may undermine public trust and operational effectiveness. Addressing these issues would be crucial for improving its overall rating and ensuring sustainability.

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

Cedars Elderly Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedars Elderly Home 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: $0

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