Homeless Coalition Of Polk County Florida

Charity Navigator Rating: 66%, earning a Two-Star out of Four Star rating. The rating reflects the organization’s performance in accountability and finance, where it scored 66 overall. This rating indicates that while there are strengths in governance and transparency, there are significant areas that require improvement, particularly with financial disclosures.

One of the strengths of the Homeless Coalition of Polk County is its independent governance, as it has 100% independent board members and demonstrates a solid structure for accountability with various policies in place. The organization showcases a high program expense ratio of 91.48%, indicating that a substantial portion of its funds directly supports its programs for the homeless, which is a positive aspect for potential donors.

However, the organization faces challenges, particularly with a lack of financial statements posted for public access, which impacts transparency and trust. Additionally, the liabilities to assets ratio is concerning at 108.11%, suggesting that the organization has more debts than assets, which could pose financial stability risks. Overall, while there are commendable governance practices, the financial disclosures and stability need urgent attention.

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

Homeless Coalition Of Polk County Florida is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homeless Coalition Of Polk County Florida 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: $327,003

For more financial information, click here

Official website here: www.polkhomeless.org