Alternative Adult Residence Inc

Charity Navigator Rating: 68%

Alternative Adult Residence Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. While the organization boasts a strong program expense ratio of 99.27%, suggesting that nearly all of its expenses go toward its programs, it has significant limitations in transparency and governance.

One notable strength is the organization's board composition, which consists entirely of independent members, reflecting a commitment to unbiased oversight. However, the lack of a sufficient number of independent board members and missing financial statements raises concerns about overall governance practices. Additionally, the absence of key policies such as a conflict of interest policy and the failure to post financial documents on their website further detracts from their accountability.

While Alternative Adult Residence Inc demonstrates effective program spending, the gaps in financial transparency and governance policies highlight areas for improvement. Addressing these issues could enhance the overall trust and credibility of the organization within the community.

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

Alternative Adult Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative Adult Residence 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: $330,021

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