Haines City Community Development

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

Haines City Community Development holds a two-star rating from Charity Navigator, indicating a need for improvement in its operational transparency and financial practices. While the organization benefits from a fully independent board and demonstrates no material diversion of assets, it lacks several critical policies and disclosures, such as a conflict of interest policy and a whistleblower policy, which are crucial for accountability.

The nonprofit's financial health appears stable, evidenced by a low liabilities-to-assets ratio and a high program expense ratio, suggesting that funds are effectively used for their intended purposes. However, the absence of financial statements and missing documentation on their website raises concerns about the organization's overall transparency and governance practices.

Despite these limitations, Haines City Community Development shows promise in some areas, with strong governance in terms of board independence and asset management. It will be essential for the organization to address the noted deficiencies to enhance its credibility and operational effectiveness in the future.

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

Haines City Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haines City Community Development 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

For more financial information, click here