Cambridge Home For Elderly Inc

Charity Navigator Rating: 72% (Two-Star out of Four Stars)

Cambridge Home For Elderly Inc has received a 72% score from Charity Navigator, reflecting a Two-Star rating that indicates moderate performance in accountability and finance. The organization excels in areas such as having a majority of independent board members and maintaining a conflict of interest policy, which strengthens its governance framework. The high program expense ratio of 79.27% suggests that a significant portion of its funds is directed towards its mission.

However, the organization faces challenges, particularly with its liabilities to assets ratio, which stands at 169.60%, indicating a concerning level of debt relative to its assets. Additionally, the absence of a whistleblower policy is noted as a significant shortfall in its accountability practices. While the charity demonstrates strengths in documentation and governance practices, these financial concerns and the missing policy may raise questions about its long-term sustainability and operational transparency.

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

Cambridge Home For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Home For Elderly 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: $0

For more financial information, click here