Hammond Knights Inc

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating

Hammond Knights Inc has achieved a high level of accountability and finance as evidenced by their 94% score, which has earned them a prestigious Four-Star rating. This rating reflects the charity's commitment to effective governance, as they maintain a fully independent board and have a minimal liabilities to assets ratio of just 1.03%. The organization has also demonstrated strong financial health through an impressive program expense ratio of 81.81%, indicating that the majority of their resources are directed towards their mission-focused activities.

The charity's governance practices are commendable, with all board members being independent and policies such as conflict of interest and whistleblower protections firmly in place. Their attention to proper documentation, including board meeting minutes and a robust policy for document retention, further underscores their dedication to transparency and accountability.

However, while the focus on accountability and program expense is strong, further information on their programmatic impact would be beneficial for potential donors or stakeholders looking to understand the effectiveness of their initiatives. Overall, Hammond Knights Inc appears to be a well-managed organization with a solid financial structure and governance practices in place.

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

Hammond Knights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hammond Knights 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: $13,950

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