Louisiana Home Inc

Charity Navigator Rating: 64% (Two-Star out of Four Star rating)

Louisiana Home Inc has received a Two-Star rating from Charity Navigator, indicating that while there are some strengths in its governance and financial practices, there are significant areas needing improvement. The organization has demonstrated a strong commitment to accountability with an independent board and effective policies in place, such as conflict of interest and whistleblower protections. Its program expense ratio is notably high at 96.81%, suggesting that a large portion of its expenditures directly supports its mission.

However, the organization's financial transparency raises concerns, particularly due to the absence of financial statements and tax forms on its website, which resulted in a low score for those categories. The liabilities to assets ratio further highlights potential financial instability, receiving no points in this area. These issues may affect stakeholders' trust and the overall sustainability of the organization’s operations.

While Louisiana Home Inc shows promise in its programmatic spending and governance practices, addressing its financial transparency and stability should be a priority for the organization to enhance its credibility and effectiveness in serving its community.

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

Louisiana Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Home 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: $633,419

For more financial information, click here