Sullivan Homes Inc

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Sullivan Homes Inc has achieved an 80% rating from Charity Navigator, categorized as a Three-Star organization. This rating reflects strong performance primarily in the area of Accountability & Finance, with an impressive score in various governance measures. These include a fully independent board of directors and a favorable liabilities to assets ratio, indicating solid financial health.

The nonprofit demonstrates effective fiscal management, as evidenced by its high program expense ratio of 98.13%, suggesting that nearly all funds are directed towards its mission rather than administrative costs. Furthermore, the organization has established a clear conflict of interest policy and maintains thorough documentation of board meeting minutes, enhancing transparency and accountability.

While the organization's ratings are commendable, it's important for potential donors and stakeholders to consider the overall mission and impact of Sullivan Homes Inc in the community it serves. The absence of reported material diversions of assets is a positive note, yet continuous monitoring of its operational effectiveness and program outcomes could provide a more complete view of its long-term success.

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

Sullivan Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sullivan Homes 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: $38,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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