Clc Inman Estates Inc

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

Clc Inman Estates Inc has received a 65% score from Charity Navigator, which equates to a Two-Star rating. This indicates a below-average performance in some key areas of accountability and finance. The organization demonstrates strengths in governance, as evidenced by its independent board members and absence of asset diversion, which are both rated highly. Additionally, it has a solid program expense ratio of 84.93%, suggesting that a significant portion of its resources is directed towards its programs.

However, there are notable limitations in Clc Inman Estates' governance practices. The absence of a whistleblower policy and document retention and destruction policy, both rated poorly, raises concerns about transparency and accountability. Moreover, the organization's liabilities significantly exceed its assets, with a liabilities to assets ratio of 171.87%, indicating potential financial instability. Lastly, the lack of accessibility to its tax forms on the nonprofit's website could hinder public trust and scrutiny.

Overall, while Clc Inman Estates Inc shows promise in certain operational aspects, the areas of concern highlight the need for improvement in governance practices and financial management to enhance its overall effectiveness and credibility.

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

Clc Inman Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clc Inman Estates 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: $4,316

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