Our Way Inc

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Our Way Inc demonstrates some strong practices, there are significant areas that require improvement, particularly in governance and transparency.

The organization boasts a fully independent board of directors, showcasing strong governance with 100% independent members and no material diversion of assets. Its financial practices appear stable, as indicated by a low liabilities to assets ratio of 0.27% and a commendable program expense ratio of 65.34%. These factors suggest that the organization is efficiently managing its financial resources and prioritizing its programmatic expenses.

However, the absence of essential policies, such as a whistleblower policy and document retention and destruction policy, raises concerns about transparency and accountability. While the organization has established some solid governance structures, addressing these missing elements could significantly enhance its overall rating and public trust.

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

Our Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Way 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: $25,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $882,551

For more financial information, click here

Official website here: www.ourwayhomes.org