Lutheran Good Shepherd Home

Charity Navigator Rating: 65% (Two-Star out of Four Stars)

Lutheran Good Shepherd Home has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based solely on the Accountability & Finance metric, where the organization has shown strong governance practices, such as having a fully independent board and documenting board meeting minutes.

The organization excels in its program expense ratio, directing 81.12% of its expenses toward its programs, which is a positive indicator of its commitment to its mission. Additionally, there are no reported issues with the material diversion of assets, suggesting a reliable stewardship of resources. However, its liabilities to assets ratio of 60.89% signals potential financial risk, indicating that the organization may have a higher level of liabilities compared to its assets.

Despite the strengths in governance and program spending, the overall rating suggests there may be areas for improvement, particularly regarding financial sustainability. Stakeholders should consider these factors when evaluating the organization's effectiveness and long-term viability.

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

Lutheran Good Shepherd Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Good Shepherd Home 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: $135,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $578,481

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