Gideon Pond West Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)

Gideon Pond West Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in overall operations and governance. The organization scored 66% in its overall assessment, reflecting some strengths in financial transparency and accountability, particularly with its conflict of interest and whistleblower policies, which are fully in place. The organization also demonstrated good financial oversight with no material diversion of assets.

However, significant weaknesses are noted in governance aspects, as the board lacks independent members entirely, which raises concerns about the effectiveness of oversight. Additionally, the organization has a concerning liabilities to assets ratio of 134%, suggesting potential financial instability. While the program expense ratio is commendable at 69.83%, indicating that a substantial portion of expenses is directed toward programs, the lack of independent board members and missing tax forms on the nonprofit's website highlight areas needing urgent attention to improve its rating and public trust.

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

Gideon Pond West Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gideon Pond West 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: $125,334

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Official website here: www.preshomes.org