Phs Monticello Inc

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

Phs Monticello Inc has received a rating of "Needs Improvement" from Charity Navigator, indicated by an overall score of 66%. The organization excels in its accountability and finance practices, achieving a perfect score in this area. However, it lacks independent board members, which raises concerns about governance and oversight, as it scored 0% for both majority independent board members and independent board size.

Despite these governance issues, Phs Monticello Inc demonstrates strong financial management through its high program expense ratio of 74.64%, indicating that a significant portion of its budget is allocated toward its programs rather than administrative costs. The organization has also shown good practices in having policies in place such as conflict of interest and whistleblower policies. However, the absence of the tax form on the nonprofit's website and a high liabilities-to-assets ratio of 88.14% point to areas needing improvement for better transparency and financial health.

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

Phs Monticello Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phs Monticello 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: $79,555

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Official website here: www.preshomes.org