Alternative Living Inc

Charity Navigator Rating: Two-Star out of Four Star rating

Alternative Living Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement despite a respectable overall score of 72%. The organization demonstrates strong accountability and financial management, achieving a perfect score in several areas, including having a fully independent board and effective oversight through audit committees.

Strengths of the nonprofit include its high program expense ratio of 88.78%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, which reflects positively on its financial integrity and governance practices.

However, the organization faces challenges with a liabilities to assets ratio of 62.70%, which may raise concerns about its financial stability and sustainability in the long term. Overall, while Alternative Living Inc exhibits strong governance and program focus, it will need to address its financial liabilities to enhance its rating and operational effectiveness.

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

Alternative Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative Living 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: $1,328,619

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