Housing Assistance And Development Services Inc

Charity Navigator Rating: 70% (Two-Star out of Four Stars)

Housing Assistance And Development Services Inc has received a Two-Star rating, indicating a moderate level of performance in accountability and finance. The organization has achieved a perfect score for having a majority of independent board members and no material diversion of assets, suggesting strong governance practices. However, the absence of a Whistleblower Policy has impacted its overall rating.

The organization demonstrates a solid commitment to transparency, as evidenced by its published documents and policies related to conflict of interest and document retention. Additionally, a favorable liabilities to assets ratio highlights financial stability, reflecting responsible fiscal management. However, the Program Expense Ratio of 64.38% suggests that there may be room for improvement in the allocation of resources towards its core mission.

While the charity exhibits strengths in governance and financial practices, the missing Whistleblower Policy and the Program Expense Ratio indicate areas that could benefit from further attention. Potential donors and stakeholders may want to consider these factors when evaluating the organization's effectiveness in fulfilling its mission.

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

Housing Assistance And Development Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Assistance And Development Services 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: $457,776

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Official website here: www.handsinc.net