Gallagher Mansion Inc

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

Gallagher Mansion Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. With an overall score of 58%, the organization demonstrates strengths in its independent board composition and program expense ratio, which stands at 84.56%. This suggests that the majority of its resources are directed towards its programs rather than administrative costs.

However, the nonprofit faces notable weaknesses, particularly in its governance practices. While it boasts a high percentage of independent board members and maintains proper documentation of board meeting minutes, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, its liabilities to assets ratio is concerning at 143.50%, which may indicate financial risk.

Overall, while Gallagher Mansion Inc shows a commitment to directing funds toward programs, the absence of critical accountability measures raises red flags. Enhancing its governance structure could significantly improve its rating and operational effectiveness in the future.

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

Gallagher Mansion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gallagher Mansion 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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