Marian Assisted Living Inc

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.

Marian Assisted Living Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial transparency and management. While the organization demonstrates strong governance with a fully independent board and good policies in place, the absence of financial statements significantly impacts its overall score. The lack of a publicly accessible website further detracts from its accountability.

Despite these challenges, the nonprofit has a commendable program expense ratio of 90.60%, indicating that a large portion of its resources is directed towards its programs rather than administrative costs. However, the organization faces a high liabilities to assets ratio of 73.28%, which raises questions about its financial health and sustainability. Additionally, the compensation for key personnel is notably high, which may draw scrutiny from donors and stakeholders.

Overall, Marian Assisted Living Inc shows strengths in governance and program expenses but must address its financial reporting and liabilities to improve its accountability and transparency. The organization could benefit from enhancing its public-facing information to build trust and credibility with supporters.

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

Marian Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marian Assisted Living 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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