Broad Street Clinic Foundation

96% rating, Four-Star out of Four Star rating from Charity Navigator.

The Broad Street Clinic Foundation has achieved an impressive score of 96%, reflecting its strong commitment to accountability and finance. The foundation's evaluation is based solely on its financial reporting and governance practices, indicating a robust oversight structure. The organization demonstrates a full complement of independent board members and maintains comprehensive policies on conflict of interest, document retention, and whistleblower protection.

In terms of financial health, the foundation reports a very low liability-to-assets ratio of just 0.31%, showcasing its financial stability. The program expense ratio is exceptionally high at 97.66%, indicating that nearly all funds are directed toward its core mission rather than administrative costs. Furthermore, the foundation has zero fundraising costs, which suggests it effectively utilizes its resources to support its objectives.

Despite its strengths, the working capital ratio is slightly low at 0.24 years, which could signal potential challenges in liquidity. However, the overall financial management and transparency practices are commendable, positioning the Broad Street Clinic Foundation as a reliable and effective nonprofit.

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

Broad Street Clinic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broad Street Clinic Foundation 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: $223,577

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Official website here: www.broadstreetclinic.org