The William Holland Retreat Inc

Charity Navigator Rating: 69% (Two-Star out of Four Star rating).

The William Holland Retreat Inc has received a score of 69%, which translates to a Two-Star rating. This score indicates that while the organization demonstrates some strengths in financial accountability, there are notable areas for improvement. Specifically, the charity has a perfect score regarding its independent board membership and has not diverted any assets, which reflects positively on its governance and financial integrity.

However, the rating also highlights significant limitations in the organization's policies. The absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy detracts from its overall accountability. Additionally, while the organization has a solid program expense ratio, indicating that all its expenses are directed towards its programs, the lack of essential governance practices raises concerns about its operational transparency.

Overall, The William Holland Retreat Inc shows potential with its strong management of financial resources and commitment to its mission, but it must address its governance shortcomings to improve its rating and build greater trust with its stakeholders.

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

The William Holland Retreat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The William Holland Retreat 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: $379,096

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Official website here: www.lapidaryschool.org