Presbyterian Homes Of Decatur Inc

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Presbyterian Homes Of Decatur Inc has received a low rating of 52% from Charity Navigator, reflecting concerns primarily in accountability and financial transparency. While the organization boasts a fully independent board, the absence of financial statements and key policies such as conflict of interest and whistleblower protections raises significant red flags. The rating indicates a lack of critical financial documentation that is essential for public trust and oversight.

On a positive note, the organization demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 92.23%. This suggests that the majority of its funds are directed towards its mission rather than administrative costs. Additionally, the board has documented meeting minutes, showing some level of governance.

However, the high liabilities to assets ratio of 150.94% indicates potential financial instability, which could affect the nonprofit's operations and sustainability. Overall, while there are strengths in program focus and governance, the nonprofit's weaknesses in financial transparency and accountability are significant and warrant caution for potential donors and stakeholders.

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

Presbyterian Homes Of Decatur Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Of Decatur 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

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