Hopehouse Supportive & Transitional Living Inc

Charity Navigator Rating: Needs Improvement

Overall, Hopehouse Supportive & Transitional Living Inc received a Two-Star out of Four Star rating with a score of 65%. This indicates that while the organization demonstrates some strengths, there are significant areas for improvement in its governance and accountability practices.

One of the notable strengths of Hopehouse is its high program expense ratio of 82.42%, suggesting that a substantial portion of its funding directly supports its programs. Furthermore, it has received full points for its financial management practices, including a solid liabilities to assets ratio. However, the lack of independent board members and missing key governance policies raises concerns about its transparency and accountability.

The organization faces critical limitations, particularly in its governance structure, with 0% independent board members and missing policies on conflicts of interest and whistleblowing. Additionally, the absence of key documents such as board meeting minutes and the tax form posted on its website further detracts from its reliability as a nonprofit. Stakeholders and potential donors may want to consider these factors when evaluating their support for the organization.

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

Hopehouse Supportive & Transitional Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopehouse Supportive & Transitional Living 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: $52,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,145

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