New Horizons Group Homes Inc

Charity Navigator Rating: Needs Improvement - Overall score: 65% - Two-Star out of Four Star rating. New Horizons Group Homes Inc has been evaluated with a two-star rating, indicating a need for improvement in some areas despite achieving a perfect score in accountability and finance. The organization boasts a fully independent board with 100% independent members, which reflects strong governance practices.

Strengths include a high program expense ratio of 78.18%, suggesting that a significant portion of expenditures is directed towards their programs rather than administrative costs. Additionally, there are no reported issues regarding asset diversion, and they have established a conflict of interest policy, which is reassuring for donors interested in ethical governance.

However, the organization faces challenges with transparency, as indicated by the absence of financial statements and missing policies on whistleblower protections and document retention. Furthermore, the lack of publicly available tax forms could hinder potential donors' ability to assess the nonprofit's financial health, which is an important factor for trust and accountability.

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

New Horizons Group Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizons Group Homes 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: $58,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $453,183

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