St Sharbels Maronite Housing Corporation Ii

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

The St Sharbels Maronite Housing Corporation II has received a two-star rating from Charity Navigator, indicating that it needs improvement in its operations. With an overall score of 67%, the organization shows strengths in governance and transparency, evidenced by its 100% independent board members and effective audit oversight. Additionally, it demonstrates a strong commitment to program expenses, allocating 80.80% of its funds directly towards its mission.

However, the organization faces significant challenges, particularly in financial management, as reflected by its liabilities to assets ratio of 156.56%. This high ratio suggests that the organization may be over-leveraged, which could raise concerns about its financial sustainability. While the organization has reported no material diversions of assets and maintains thorough documentation of board meeting minutes, these strengths may not be sufficient to offset the financial vulnerabilities indicated in the data.

Overall, while St Sharbels Maronite Housing Corporation II exhibits positive governance and a strong focus on program expenses, its financial health requires attention to enhance its operational effectiveness and ensure long-term stability.

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

St Sharbels Maronite Housing Corporation Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Sharbels Maronite Housing Corporation Ii 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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