Sarasota Hope House Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)

Sarasota Hope House Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement within the organization. The charity demonstrates strong accountability and finance practices, achieving a perfect score of 100%. Notably, the organization has a good program expense ratio of 96.45%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs.

However, the organization faces challenges in governance and transparency. Notably, the charity lacks key policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are essential for maintaining good governance practices. Additionally, the charity's website is missing from its tax form, which raises concerns about accessibility and transparency for potential donors and stakeholders.

While Sarasota Hope House Inc has strengths in financial accountability, the absence of crucial governance documents and policies may hinder its overall effectiveness and trustworthiness. Potential supporters may want to consider these factors when deciding to engage with or donate to the organization.

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

Sarasota Hope House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Hope House 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: $77,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,572

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