Love Inc Of Greater Hammond

Charity Navigator Rating: 0 stars

Love Inc Of Greater Hammond has received a very low rating of 10%, leading to a Zero-Star out of Four Stars designation. This rating reflects significant concerns regarding the organization's accountability and financial practices. Notably, the charity lacks any independent board members, which raises questions about governance and oversight. Additionally, several key policies, including conflict of interest and whistleblower protections, are missing, contributing to its poor score in these areas.

The financial metrics indicate a troubling situation, with a program expense ratio of only 1.41%, suggesting that a minimal amount of funds are being directed towards programs rather than administrative costs. The liabilities to assets ratio stands at 19.39%, highlighting potential financial vulnerabilities. Furthermore, the lack of transparency is evident as essential documents, such as meeting minutes and tax forms, are not readily accessible on the organization’s website.

Overall, Love Inc Of Greater Hammond faces significant challenges in transparency, governance, and effective financial management. Potential donors and supporters should carefully consider these factors before engaging with the organization.

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

Love Inc Of Greater Hammond is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of Greater Hammond 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: $21,147
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,022

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