Oak Hill Apartments Inc

Charity Navigator Rating: 72% (Two-Star out of Four Star rating)

Oak Hill Apartments Inc received a Two-Star rating from Charity Navigator, indicating some strengths alongside notable areas for improvement. The organization boasts an impressive accountability and finance score of 72%, with 100% of its board members being independent, which enhances its governance and oversight. The organization also effectively documents board meeting minutes and has comprehensive policies in place for conflicts of interest and whistleblowing.

Despite these strengths, the nonprofit faces a significant challenge with its liabilities to assets ratio, which stands at 142.91%. This suggests that the organization may have financial sustainability concerns, as it indicates that its liabilities exceed its assets substantially. Additionally, while the program expense ratio is quite strong at 80.23%, underscoring effective allocation of resources towards its mission, the overall financial health reflected in the liabilities may raise concerns for potential donors and stakeholders.

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

Oak Hill Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Hill 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: $0

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