Avondale Park Apartments Inc

Charity Navigator Rating: 86%, Three-Star out of Four Stars

Avondale Park Apartments Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is based entirely on a single beacon score focused on financial practices, where the organization scored 86. This suggests a commitment to maintaining transparency and proper financial management, which is crucial for donor trust and long-term sustainability.

The organization has demonstrated strengths such as a high program expense ratio of 91.50%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, measures such as a conflict of interest policy and whistleblower policy are in place, helping to ensure ethical governance. The audit and oversight practices are robust, with top scores in audit oversight and liabilities management.

However, one area for improvement is the low percentage of independent board members, at only 42%. This could impact the organization’s governance dynamics, as a higher proportion of independent members can enhance objectivity and accountability. Overall, while Avondale Park Apartments Inc shows solid financial health and accountability, it may benefit from increasing its independent board representation.

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

Avondale Park Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avondale Park Apartments 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: $68,864

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