Brush Street Residence

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

Brush Street Residence has received a Two-Star rating from Charity Navigator, indicating some strengths in accountability and finance but also notable areas for improvement. The organization boasts a high program expense ratio of 99.13%, demonstrating that a significant portion of its funds are directed toward its mission. Additionally, it has an independent board with a majority of independent members, which can enhance governance practices.

However, the nonprofit faces significant challenges reflected in its low overall score. While the financial statements are in order and there are no material diversions of assets, it lacks several essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. The organization's liabilities to assets ratio is alarmingly high at 8716.27%, signaling potential financial instability that could affect its long-term sustainability.

Ultimately, while Brush Street Residence has commendable aspects, particularly in program spending and board independence, it must address its governance policies and financial health to improve its rating and ensure effective operations in the future.

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

Brush Street Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brush Street Residence 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: $420,600

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