Leonardville Nursing Home Inc

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.

Leonardville Nursing Home Inc has received a Two-Star rating from Charity Navigator, indicating a mixed performance in accountability and finance. While the organization boasts a strong program expense ratio at 85.42% and complete independence among its board members, it falls short in several critical governance policies, leading to its lower overall score.

The nonprofit successfully maintains a low liabilities-to-assets ratio of 6.61%, demonstrating fiscal responsibility. However, the absence of essential documentation, including a conflict of interest policy and financial statements review, raises concerns about transparency and operational integrity. The lack of a website listed on the tax form further limits accessibility to information for stakeholders.

Overall, while Leonardville Nursing Home Inc shows strengths in certain financial aspects, its governance gaps highlight areas that need improvement to increase stakeholder confidence and enhance its rating. Addressing these shortcomings is crucial for the organization to bolster its credibility and effectiveness in serving its community.

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

Leonardville Nursing Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leonardville Nursing Home 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: $222,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,399,064

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