Catholic Housing Of Birmingham Inc Villa Maria

Charity Navigator Rating: Needs Improvement. Overall score: 67%. This nonprofit received a two-star rating, reflecting concerns primarily in its accountability and financial management practices. While the organization boasts a strong program expense ratio of 93.29% and has an independent board with full compliance in several areas, deficiencies in key governance policies raise questions about its overall effectiveness.

Strengths include a fully independent board and high scores for financial oversight, indicating a commitment to transparency in certain areas. The absence of material diversion of assets is a positive aspect that assures donors about the integrity of its financial management. The organization also documents its board meeting minutes, which is a good practice in governance.

However, the lack of essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy diminishes its accountability framework. Additionally, a concerning liabilities-to-assets ratio of 108.20% suggests potential financial instability. These limitations highlight the need for improvements in governance and financial practices to enhance the organization's overall rating and effectiveness.

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

Catholic Housing Of Birmingham Inc Villa Maria is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Housing Of Birmingham Inc Villa Maria 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: $103,110

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