Defiance Senior Citizens Housing Inc

Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (67%)

Defiance Senior Citizens Housing Inc holds a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization demonstrates strengths in having a fully independent board and a solid program expense ratio of 91.24%, it faces challenges with its financial transparency and governance policies.

The organization has achieved full marks in areas such as having no material diversion of assets and documenting board meeting minutes, showcasing a commitment to accountability. However, significant concerns arise from its liabilities to assets ratio of 132.29%, which reflects a potential financial risk. Additionally, the absence of critical policies such as a conflict of interest policy, whistleblower policy, and document retention policy highlights gaps in governance that could affect its credibility and effectiveness.

Overall, while Defiance Senior Citizens Housing Inc shows a strong commitment to its mission through programmatic spending, it must address its financial management and governance weaknesses to enhance trust and sustainability.

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

Defiance Senior Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Defiance Senior Citizens Housing 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

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