Mha Housing Of The Piedmont Inc

Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (67%)

Mha Housing Of The Piedmont Inc has received a two-star rating from Charity Navigator, indicating the organization has areas requiring significant improvement. While the organization has strong accountability measures, as evidenced by a fully independent board and a solid program expense ratio of 86.08%, its overall score reflects concerns primarily in financial management.

The organization has achieved perfect scores in several categories, including financial statements audit, material diversion of assets, and documentation of board meeting minutes. However, it has significant weaknesses in areas like its liabilities to assets ratio, which stands at 147.60%, suggesting potential financial instability. Additionally, the absence of critical policies, such as a conflict of interest policy and a whistleblower policy, raises governance concerns.

Overall, while Mha Housing Of The Piedmont Inc demonstrates strengths in specific operational aspects, the organization must address its financial and governance deficiencies to improve its rating and better serve its mission effectively.

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

Mha Housing Of The Piedmont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mha Housing Of The Piedmont 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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