Columbia Place

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

Columbia Place has achieved a 65% rating, which places it in the Two-Star category. This rating reflects a solid performance in some areas, particularly in accountability and transparency measures. The organization has a fully independent board, scoring full marks for both the majority of independent board members and the board size, indicating a commitment to governance and oversight.

However, the organization faces challenges in its financial health, as evidenced by a concerning liabilities-to-assets ratio of 155.61%, which is significantly below acceptable standards. While the program expense ratio is strong at 89.22%, indicating that a substantial portion of funds is directed toward its programs, the overall financial management raises some red flags. High salaries for key personnel may also contribute to scrutiny regarding the allocation of resources.

In summary, while Columbia Place demonstrates strengths in governance and program funding, its financial liabilities present potential risks that stakeholders should consider. Improvements in financial management practices could enhance its overall rating and effectiveness in serving its mission.

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

Columbia Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Place 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

For more financial information, click here