Home For Life Cat Sanctuary

Charity Navigator Rating: 13%

Home For Life Cat Sanctuary has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored only 13%, reflecting a lack of independent board members and critical governance policies, such as conflict of interest and whistleblower policies. Additionally, important documentation, including the organization's tax form and a retention policy, is missing, which raises transparency issues.

Despite having a documented process for board meeting minutes, the overall financial structure appears unstable, with a liabilities-to-assets ratio of over 100%. This suggests that the organization may be operating beyond its means, which could jeopardize its long-term sustainability and effectiveness in fulfilling its mission.

Moreover, the absence of clear financial reporting and accountability mechanisms can put potential donors and supporters at risk, as it raises questions about how funds are being utilized. Overall, while the sanctuary may have good intentions, the low rating indicates that significant improvements are necessary for better governance and financial health.

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

Home For Life Cat Sanctuary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home For Life Cat Sanctuary 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: $33,530

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