Xlerate Health Inc

Charity Navigator Rating: 61%

Xlerate Health Inc. has earned a Two-Star out of Four Star rating with a score of 61% from Charity Navigator, indicating that while it demonstrates some strengths, there are significant areas for improvement in its accountability and financial practices. The organization scores positively for having an independent board and maintaining proper documentation for board meeting minutes, reflecting a good governance structure in these aspects.

However, the nonprofit lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical operation. Furthermore, the absence of a document retention policy and the inability to post its tax form on its website also detract from its accountability score. The liabilities to assets ratio indicates some financial stress, but a high program expense ratio suggests that most of its funds are directed towards its programs rather than administrative costs.

Overall, while Xlerate Health Inc. shows a strong commitment to its mission through high program expenses, it must address the gaps in its governance policies and financial transparency to enhance its overall performance and credibility in the nonprofit sector.

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

Xlerate Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xlerate Health 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: $166,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.xleratehealth.com