Senior Citizens Housing Of Onaway Inc

Charity Navigator Rating: 78%, Three-Star out of Four Star rating. This rating reflects a solid level of accountability and financial health for Senior Citizens Housing Of Onaway Inc, primarily informed by their strong performance in various financial metrics. The organization has been assessed on its accountability and financial practices, earning a commendable score in this area, with a well-structured independent board and thorough oversight policies.

The organization demonstrates effective governance, as evidenced by an independent board with all members meeting standards of independence. Additionally, it has policies in place for conflict of interest, whistleblowing, and document retention, which supports transparency and accountability. The program expense ratio is also a positive indicator, showing that a significant portion of its funding is directed towards its programs.

However, one notable limitation in their financial assessment is the liabilities to assets ratio, which is significantly high at 309.61%. This may raise some concerns regarding the organization’s financial stability and capacity to meet its obligations. Overall, while the nonprofit shows strong governance and an effective focus on its mission, potential donors should consider these financial metrics when evaluating its long-term sustainability.

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

Senior Citizens Housing Of Onaway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Housing Of Onaway 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: $92,248

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