Parade Park Homes Inc

Charity Navigator Rating 71% - Two-Star out of Four Star Rating

Parade Park Homes Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in its accountability and finance practices, but also notable areas for improvement. The organization demonstrates a strong commitment to board independence, with 100% of its board members being independent and a solid program expense ratio of 85.27%, suggesting that a significant portion of its expenditures directly supports its mission.

However, the charity's overall score is heavily influenced by its shortcomings, particularly in governance and transparency. The absence of a whistleblower policy, document retention policy, and failure to post its tax form on its website raises concerns about its accountability. Additionally, the liabilities to assets ratio is concerning at 180.12%, which may indicate potential financial instability.

Overall, while Parade Park Homes Inc has some strong governance practices, the lack of key policies and financial concerns may warrant caution for potential donors and stakeholders. It is essential for the organization to address these shortcomings to enhance its credibility and operational effectiveness.

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

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

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