Wood Presbyterian Home Inc

Charity Navigator rating: 67%, Two-Star out of Four Star rating.

Wood Presbyterian Home Inc, operating as Wood Village, has received a two-star rating primarily due to its accountability and finance score of 67%. The organization demonstrates strong governance with a board comprised entirely of independent members and effective oversight through its audit committee. Additionally, it has a commendable program expense ratio of 72.90%, indicating that a significant portion of its budget is dedicated to its programs.

However, the organization has notable limitations that impact its rating. It struggles with high liabilities relative to its assets, which could raise concerns about financial sustainability. Furthermore, the absence of crucial policies such as conflict of interest, whistleblower, and document retention and destruction policies may reflect gaps in governance that could impact transparency and accountability.

Overall, while Wood Village showcases some strengths in board independence and program expenditure, the lack of essential policies and a concerning liabilities-to-assets ratio suggest that potential donors should approach with caution and consider these factors in their assessment of the organization's reliability and risk.

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

Wood Presbyterian Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wood Presbyterian 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: $129,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,793,564

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