Fa-Ho-Lo Family Inc

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Fa-Ho-Lo Family Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. While the overall score is 67%, which is below average, the organization demonstrates strong governance practices with 100% independent board members and a well-documented approach to board meeting minutes.

The organization excels in its financial stewardship, showing a high program expense ratio of 96.83%. This indicates that a significant portion of its expenditures is directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets and maintains a low liabilities to assets ratio, reflecting a stable financial position.

However, the overall rating suggests there is room for improvement in various areas of operational efficiency or transparency. While the board composition is commendable, the moderate score indicates the need for enhanced accountability measures or financial management practices to improve the charity's effectiveness and rating in the future.

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

Fa-Ho-Lo Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fa-Ho-Lo Family 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: $499,768

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