Shooting Star Apartments Inc

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Shooting Star Apartments Inc has earned a Three-Star rating from Charity Navigator, reflecting an 80% score in their evaluation system. This rating is primarily based on the organization’s accountability and financial health, indicating a solid performance in these areas. The charity exhibits a high level of transparency and governance, as evidenced by its perfect score in having an entirely independent board of directors.

The organization has demonstrated effective financial management, with a program expense ratio of 100%, showing that all of its expenses are directed towards program services. Additionally, it maintains a low liabilities to assets ratio of 40%, suggesting a healthy balance sheet. Policies such as conflict of interest and documentation of board meeting minutes further contribute to its strong accountability measures.

While the score reflects positively on Shooting Star Apartments Inc's governance and financial practices, it is important for potential donors and stakeholders to consider that the rating is solely based on accountability and finance. There is no information provided regarding program outcomes or impact, which can be critical for assessing the overall effectiveness of a nonprofit organization.

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

Shooting Star Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shooting Star Apartments 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: $0

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