The Key Haven Families Inc

Charity Navigator Rating: 51% (One-Star out of Four Stars)

The Key Haven Families Inc has received a low rating of 51%, indicating significant concerns regarding its accountability and financial practices. The organization has scored poorly in areas such as having independent board members, with a complete absence noted, and lacks essential policies like conflict of interest and whistleblower protections. This lack of oversight raises questions about governance and transparency.

On a positive note, the charity demonstrates a strong commitment to its mission, as evidenced by an impressive program expense ratio of 82.17%. This indicates that a considerable portion of its funds is directed towards programs rather than administrative costs. Additionally, the organization has maintained a reasonable liabilities to assets ratio of 50.69%, reflecting a balanced approach to its financial obligations.

However, the deficiencies in governance structures and missing documentation significantly hinder the organization's overall rating. The absence of a website listed on its tax form and the lack of transparency in financial statements contribute to the low accountability score, which could deter potential donors and supporters. Addressing these gaps would be crucial for improving its standing and fostering trust within the community.

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

The Key Haven Families Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Key Haven Families 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: $199,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,498

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