Presbyterian Village - Holly

Charity Navigator Rating: 69%, Two-Star out of Four Star rating

Presbyterian Village - Holly has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some strong practices, there are significant areas requiring improvement. The organization has achieved a perfect score for board independence and has a solid program expense ratio of 82.71%, which suggests that a large portion of their resources is allocated towards their programs rather than administrative costs.

However, the nonprofit faces notable limitations in its accountability and finance practices. The absence of a conflict of interest policy, a whistleblower policy, and a document retention policy raises concerns about governance and operational transparency. Additionally, the very high liabilities to assets ratio of 315.48% points to potential financial instability, which could affect its long-term sustainability.

While the organization has strengths in certain areas, the lack of essential policies and the concerning financial ratio indicate that stakeholders may want to closely monitor its operations and governance practices moving forward.

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

Presbyterian Village - Holly is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Village - Holly 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: $43,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,054

For more financial information, click here

Official website here: www.pvm.org