Peconic Landing Home Health Services Inc

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

Peconic Landing Home Health Services Inc has received a "Needs Improvement" rating, indicating challenges in some areas of governance and financial health. While the organization showcases strong program expense allocation, with 88.68% of its expenses directed towards programs, it struggles with a high liabilities to assets ratio of 407.24%. This may raise concerns about its financial stability and ability to sustain operations long-term.

The organization benefits from a well-structured financial reporting system, evident in its perfect score for audited financial statements and adherence to essential policies such as conflict of interest and whistleblower protections. However, the board's independence is notably low, with only 42% of board members being independent, which can impact decision-making and oversight.

Despite its strengths in program expenses and financial accountability, the missing tax form on the nonprofit's website is a significant oversight, detracting from transparency. For potential donors and stakeholders, these factors suggest the need for careful consideration and a close look at the organization’s financial health and governance practices.

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

Peconic Landing Home Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peconic Landing Home Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,009,742

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Official website here: www.peconiclanding.com/health-services