Ridge Housing Inc

Charity Navigator Rating: Needs Improvement - 73% (Two-Star out of Four Star rating)

Ridge Housing Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas, despite a respectable overall score of 73%. The organization demonstrates strong accountability through having an entirely independent board and a solid asset-to-liabilities ratio, suggesting good financial health. Its program expense ratio is commendable at 90.90%, reflecting a significant focus on program-related spending.

However, there are notable limitations that contribute to the lower rating. The organization lacks essential governance policies, such as a conflict of interest policy and a whistleblower policy, which raises concerns about transparency and accountability. Additionally, the absence of a document retention and destruction policy, along with the failure to post tax forms on their website, points to areas needing attention for compliance and public trust.

Overall, while Ridge Housing Inc shows strengths in its financial management and board independence, the missing governance policies and online transparency hinder its overall effectiveness and reputation in the nonprofit sector. Addressing these shortcomings would likely enhance its standing and trust among stakeholders.

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

Ridge Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Housing 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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