Abcap Housing Inc Joshua Manor Apartments

Charity Navigator Rating: 79% (Three-Star out of Four Stars).

Abcap Housing Inc Joshua Manor Apartments has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization's overall score is based entirely on a single beacon score, which emphasizes its focus on responsible financial management. With 100% of its board members being independent, it showcases strong governance practices that enhance transparency and trust.

The nonprofit performed well in several key areas, notably its program expense ratio, which stands at an impressive 83.35%. This indicates that the majority of its funding is directed towards its core programs, rather than administrative costs. Additionally, the presence of comprehensive policies such as conflict of interest and whistleblower protections further affirms its commitment to ethical operations.

However, the organization faces a significant challenge with a liabilities to assets ratio of 172.26%, which indicates that its liabilities exceed its assets. This could raise concerns about its financial stability and sustainability in the long term, suggesting that while the organization operates well in many respects, it may need to address its financial structure to ensure continued success.

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

Abcap Housing Inc Joshua Manor Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abcap Housing Inc Joshua Manor Apartments 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: $7,621

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