Club Of Hearts Inc

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Club Of Hearts Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The charity's score is based entirely on its Accountability & Finance metrics, with a focus on governance practices, transparency, and efficient use of funds. The organization achieved an impressive 92.79% program expense ratio, suggesting that a significant majority of its expenses are dedicated to its programs rather than administrative costs.

The organization boasts a fully independent board, with 17 independent members, and has established comprehensive policies for conflict of interest, whistleblowing, and document retention, all of which received top scores. Furthermore, the absence of any material diversion of assets enhances its credibility and trustworthiness. The liabilities to assets ratio of 43.37% indicates a manageable level of debt relative to its assets.

While the overall score is commendable, it is based solely on the accountability and finance beacon, meaning that the charity's performance in other areas, such as program impact and constituent feedback, is not reflected in this rating. This singular focus may limit the understanding of the charity's overall effectiveness in fulfilling its mission.

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

Club Of Hearts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Club Of Hearts 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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