Therhappy Therapy Services Inc

Charity Navigator Rating: Needs Improvement - 62% (Two-Star out of Four Star rating)

Therhappy Therapy Services Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 62%. This indicates some strengths in their governance, such as having a fully independent board and a high program expense ratio, suggesting that most of their spending goes directly to their programs. However, the organization struggles with financial transparency, as indicated by their lack of a financial statements review and missing tax form on their website.

The accountability aspects of Therhappy are mixed; while they have a conflict of interest policy in place and keep proper documentation of board meeting minutes, they are missing a whistleblower policy, which is a significant gap in governance practices. Moreover, the high liabilities to assets ratio raises concerns about their financial health, implying that the organization might be over-leveraged.

Overall, while Therhappy shows a commitment to program expenses and maintains an independent board, the organization must address its financial transparency and governance shortcomings to improve its rating and ensure long-term sustainability.

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

Therhappy Therapy Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Therhappy Therapy 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: $212,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.therhappy.org