Abcap Housing E Inc Phillips

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

Abcap Housing E Inc Phillips has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating reflects the organization's commitment to maintaining a high standard of transparency and ethical governance, highlighted by a perfect score in board independence and the absence of material asset diversion.

The nonprofit scored particularly well in various accountability metrics, such as having a comprehensive conflict of interest policy and a whistleblower policy. Additionally, the program expense ratio of 85.29% suggests that a significant portion of their funds is directed towards their programs, demonstrating a strong focus on their mission.

However, the organization's liabilities to assets ratio is concerning at 144.56%, which may indicate potential financial instability. This could be a limitation for stakeholders to consider, as it suggests that the organization has more liabilities than assets, potentially impacting its long-term sustainability. Overall, while Abcap Housing E Inc Phillips shows commendable strengths in governance and program spending, attention should be paid to its financial health.

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

Abcap Housing E Inc Phillips is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abcap Housing E Inc Phillips 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: $6,195

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