Hazelton Development Corp

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Hazelton Development Corp has received a 73% score from Charity Navigator, reflecting a Two-Star rating. This rating indicates a moderate level of performance regarding accountability and financial management. The organization shows strengths in governance with a fully independent board and no reported diversion of assets, which enhances its credibility.

The nonprofit's financial practices are solid, as evidenced by a strong program expense ratio of 100%, indicating that all its expenses are directed toward its programs. Furthermore, the organization maintains comprehensive documentation of board meeting minutes and has a favorable liabilities-to-assets ratio, suggesting prudent management of resources.

However, there are areas where Hazelton Development Corp could improve. The lack of certain tax form disclosures and policies on its website is noted as a limitation, which could hinder transparency. Addressing these gaps would likely enhance the organization's overall accountability and public trust.

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

Hazelton Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hazelton Development Corp 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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