Clear Brook Housing Inc

Charity Navigator Rating: 79%, Three-Star out of Four Stars

Clear Brook Housing Inc has received a 79% rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The rating is primarily derived from a comprehensive assessment of their financial practices, indicating a strong commitment to transparency and responsible management of funds.

The organization demonstrates significant strengths, including a fully independent board of directors and a high program expense ratio of 83.43%, which suggests that a large portion of their expenditures goes directly towards their mission. Their policies regarding conflict of interest, whistleblower protections, and document retention are also well established, contributing positively to their overall score.

However, a notable area of concern is the liabilities to assets ratio, which stands at 180.43%. This suggests that the organization may be carrying a level of debt that could affect its financial stability in the long term. Overall, while there are strengths in governance and operational expenses, stakeholders should consider the implications of their financial liabilities.

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

Clear Brook Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clear Brook Housing 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: $100,227

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