Hosanna Community Foundation Inc

Charity Navigator Rating: 94%

Hosanna Community Foundation Inc has received a strong rating of 94%, translating to a Four-Star out of Four Stars designation, which highlights the organization's commendable accountability and financial health. The high score reflects effective management practices and a commitment to transparency, as evidenced by the absence of material diversion of assets and the presence of well-documented policies, including conflict of interest and whistleblower protections.

The foundation boasts a fully independent board, composed of five members who play a critical role in governance, thereby enhancing the accountability of the organization. Notably, the organization's program expense ratio stands at 88.47%, indicating that a significant majority of its resources are directed toward fulfilling its mission rather than administrative costs.

Despite the positive indicators, ongoing attention to maintaining high standards of governance and financial performance is essential for sustaining donor trust and support. Overall, Hosanna Community Foundation Inc appears to be a reliable organization dedicated to its philanthropic goals.

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

Hosanna Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hosanna Community Foundation 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: $179,330

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