Elder Quality Of Life Inc

Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)

Elder Quality Of Life Inc has received a 48% rating from Charity Navigator, which denotes significant concerns regarding its accountability and financial practices. The rating indicates a lack of independent board members, with 0% of the board being independent, which raises questions about governance and oversight. The organization has achieved a high program expense ratio, suggesting that all its expenses are directed toward programs, but this is overshadowed by substantial weaknesses in other areas.

The charity has some positive aspects, including a conflict of interest policy and a listed website on its tax form. However, it falls short in several critical areas such as missing a whistleblower policy, document retention policies, and failing to provide board meeting minutes. Additionally, its liabilities to assets ratio is concerning, as it indicates potential financial instability.

Overall, while Elder Quality Of Life Inc demonstrates a commitment to program spending, its governance structure and financial practices raise red flags for potential donors and stakeholders. The lack of independent oversight and missing essential policies suggests a need for significant improvements to ensure accountability and transparency within the organization.

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

Elder Quality Of Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elder Quality Of Life 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: $44,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.eqolpalmbeach.com