Bayou Country Housing Trust Fund Inc

Charity Navigator Rating: Needs Improvement (73% - Two-Star out of Four Star rating)

Bayou Country Housing Trust Fund Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement in its operational practices. The organization excels in governance aspects, with a fully independent board and no material diversion of assets, reflecting strong accountability in these areas.

However, significant gaps were identified, particularly concerning transparency and policy documentation. The organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and a document retention policy, which are critical for fostering trust and accountability. Additionally, the absence of a website listed on its tax form and failure to post tax documents on its website further highlight the need for better transparency and communication with stakeholders.

On a positive note, the organization demonstrates a strong program expense ratio of 78.86%, indicating a commitment to directing a substantial portion of its resources toward its mission-related activities. However, addressing the noted weaknesses in governance and transparency will be crucial for improving its overall rating and fostering greater public trust in its operations.

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

Bayou Country Housing Trust Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayou Country Housing Trust Fund 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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