Hearts At Home Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 66%)

Hearts At Home Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of its operations and financial management. The organization boasts strengths such as having a fully independent board and maintaining a low liabilities to assets ratio, which suggests a stable financial foundation. However, the overall accountability and finance score highlights significant areas for enhancement.

The organization receives low scores for its whistleblower and document retention policies, indicating potential gaps in governance practices that could affect transparency and accountability. Additionally, the program expense ratio is moderately low at 56.7%, suggesting that a larger portion of its resources might not be directly allocated to its programs, which could concern stakeholders about the efficiency of fund utilization.

While Hearts At Home Inc demonstrates some positive governance characteristics, the noted limitations in policies and program funding present challenges that the organization will need to address to enhance its effectiveness and trust with donors. Stakeholders may want to keep these factors in mind when considering support for the nonprofit.

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

Hearts At Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearts At Home 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: $129,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,518

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Official website here: www.sayersclassical.org