Ault Manor Inc

Charity Navigator Rating: One-Star out of Four Stars (58%)

Ault Manor Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scores well in areas such as having a majority independent board and documenting board meeting minutes. However, these strengths are overshadowed by critical weaknesses, particularly in financial transparency and governance policies.

The charity's program expense ratio is relatively strong at 76.56%, suggesting that a significant portion of its resources is allocated towards its programs. However, the organization faces serious issues with a liabilities to assets ratio of 198.72%, indicating financial instability. Moreover, the absence of essential governance policies, including a conflict of interest and whistleblower policy, raises concerns about its operational integrity.

Overall, while Ault Manor Inc demonstrates some positive attributes, the lack of transparency and proper financial management practices significantly impacts its overall rating. Potential donors and stakeholders may want to exercise caution and seek further information before contributing to the organization.

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

Ault Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ault Manor 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: $10,811

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