Golden Valley Manor Inc

Charity Navigator Rating: 81%, Three-Star out of Four Stars

Golden Valley Manor Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the organization's Accountability & Finance metrics, indicating a strong commitment to financial transparency and effective governance. An independent board consists of all members, which contributes positively to the charity's accountability.

The organization scores particularly well in areas such as financial statements, where it received full marks for having reviewed or compiled accounts. Additionally, it reports no material diversion of assets, which enhances its credibility. The program expense ratio is also impressive, with 88.88% of expenses directed toward programs, underscoring its focus on fulfilling its mission.

However, the charity's liability to asset ratio stands at 50.74%, which, while acceptable, reveals that there is a degree of financial leverage that could be scrutinized. Overall, Golden Valley Manor Inc demonstrates solid financial health and governance, but stakeholders may want to keep an eye on its liabilities as part of ongoing oversight.

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

Golden Valley Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Valley Manor 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: $84,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,024

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