Young At Heart Senior Center

Charity Navigator Rating: 58% (One-Star out of Four Star Rating)

Young At Heart Senior Center has received a low rating of 58% from Charity Navigator, indicating potential concerns regarding its operational and financial practices. While the organization scores well in areas such as having a majority of independent board members and maintaining a favorable liabilities to assets ratio, several critical policies and transparency measures are missing, which detracts from its overall accountability score.

The organization has been noted for material diversion of assets, which raises questions about its financial management. Additionally, important governance documents such as a conflict of interest policy, whistleblower policy, and document retention policy are absent, reflecting a lack of robust internal controls. This lack of documentation may hinder trust and accountability among stakeholders.

Despite these limitations, the center does have minutes of board meetings documented, which is a positive aspect. However, the absence of its website on the tax form and a failure to post its tax forms online further limit transparency. Overall, while Young At Heart Senior Center has some strengths, significant gaps in governance and financial oversight indicate a need for improvement in its operational practices.

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

Young At Heart Senior Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young At Heart Senior Center 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: $30,302

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