Asbury Arms North Inc

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

Asbury Arms North Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is based entirely on their Accountability & Finance score, which stands at 79%. This score reflects the organization’s strong governance practices, including a fully independent board and comprehensive policies on conflict of interest and document retention.

The organization excels in areas such as having 80% of its board members independent and demonstrating no material diversion of assets. Additionally, their program expense ratio is commendable, as they allocate 100% of expenses towards their programs. However, a significant concern arises from their liabilities to assets ratio, which is reported at 127.76%, indicating potential financial instability.

While Asbury Arms North Inc shows strong governance and accountability, the high liabilities relative to assets could pose a risk to their financial health moving forward. Stakeholders may want to monitor this aspect closely to understand the long-term sustainability of the organization.

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

Asbury Arms North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Arms North 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: $118,611

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