Douglas Housing Association Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 65%)

Douglas Housing Association Inc has received a "Needs Improvement" rating from Charity Navigator, indicating potential concerns regarding its transparency and management practices despite achieving a perfect score in Accountability & Finance. The organization boasts a strong accountability framework with an entirely independent board and no material diversion of assets, which reflects positively on its governance and financial integrity.

However, several critical policies are missing, including a whistleblower policy and a document retention policy, which detracts from its overall accountability score. Furthermore, the organization has not posted its tax form on its website, raising questions about transparency. The liabilities to assets ratio is also concerning, sitting at 189.45%, which suggests potential financial instability.

On a positive note, the organization excels in its program expense ratio, dedicating 98.90% of its expenses directly to programs, indicating a strong commitment to its mission. While the organization shows strengths in governance and program expenditure, addressing its policy deficiencies and improving transparency will be essential for enhancing its overall rating in the future.

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

Douglas Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Douglas Housing Association 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: $85,495

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