Hillabee Towers Inc

Charity Navigator Rating: 1 Star (52%)

Hillabee Towers Inc has received a low rating of 52%, translating to a One-Star out of Four Star rating primarily based on its Accountability & Finance score. The organization demonstrated strong governance practices, with a board consisting of 100% independent members and no material diversion of assets. Furthermore, it has effectively documented board meeting minutes, indicating a level of transparency in its operations.

Despite these strengths, the nonprofit faces significant challenges reflected in its financial metrics, particularly the liabilities to assets ratio of 128.28%, which raises concerns about its financial stability. On a positive note, it has an impressive program expense ratio of 92.35%, suggesting that a majority of its resources are allocated directly to programs rather than administrative costs. However, the overall financial health indicated by the rating suggests that improvements are needed.

In summary, while Hillabee Towers Inc shows commendable practices in governance and program funding, its financial management poses a significant risk, which is a critical concern for potential donors and stakeholders. Addressing the liabilities issue would be essential for improving its rating and ensuring long-term sustainability.

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

Hillabee Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillabee Towers 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: $0

For more financial information, click here