Senior Meals & Services Inc

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Senior Meals & Services Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 94% in its overall rating, which is entirely based on its strong performance in the Accountability & Finance category. This high score reflects effective management and transparency in its financial practices, crucial for building donor trust.

The nonprofit demonstrates a solid governance structure with 80% of its board members being independent, which contributes to its accountability. The organization has also implemented key policies, such as conflict of interest and whistleblower policies, and maintains thorough documentation of board meeting minutes. The financial metrics are impressive, with a low liabilities-to-assets ratio of 4.76% and a program expense ratio of 94.92%, suggesting that the vast majority of its funds are directed towards its mission.

While the organization shows numerous strengths in governance and financial management, no specific limitations or areas for improvement were noted in the available rating data. Overall, Senior Meals & Services Inc appears to be effectively serving its mission while maintaining a strong financial and operational framework.

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

Senior Meals & Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Meals & Services 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: $8,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $385,574

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