Westerville Rotary Elderly Housing Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Westerville Rotary Elderly Housing Inc, operating as Harris-Askins House, has received a two-star rating from Charity Navigator, indicating a need for improvement. While the organization boasts a perfect score of 100% for accountability and finance, certain areas such as its liabilities to assets ratio, which stands at 102.78%, raise concerns about financial stability. The organization has a strong program expense ratio of 90.60%, suggesting that it effectively allocates funds towards its mission.

The evaluation highlights several strengths, including a fully independent board and well-documented financial statements. The organization scored full points for having a conflict of interest policy and for documenting board meeting minutes. However, the absence of a whistleblower policy, as well as missing documents related to retention and destruction, indicate gaps in governance practices that could affect overall accountability.

While the financial management aspect appears sound, the overall rating reflects areas that require attention to improve transparency and governance. Addressing these weaknesses could enhance the organization's credibility and operational effectiveness in serving the elderly community.

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

Westerville Rotary Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westerville Rotary Elderly 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: $61,469

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