Southwest Florida Gwi Housing Vi Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Southwest Florida Gwi Housing Vi Inc has received a solid rating of 79%, which indicates a commendable level of accountability and finance management. The rating is entirely derived from the charity's financial performance, particularly highlighting its strong program expense ratio of 86.85%, suggesting that a significant portion of its expenses is directed towards its mission-related activities. Additionally, the organization boasts a fully independent board, which is a positive attribute for governance and transparency.

The charity's accountability measures are robust, with positive scores in areas such as having a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. However, the organization does face a significant challenge with a liabilities to assets ratio of 226.83%, which is a concerning indicator of financial stability. This high ratio suggests that the organization may have more liabilities than assets, which could impact its long-term sustainability.

Overall, while Southwest Florida Gwi Housing Vi Inc demonstrates strong governance and commitment to its mission, potential donors and stakeholders should carefully consider its financial health and the implications of its liabilities when evaluating support.

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

Southwest Florida Gwi Housing Vi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Florida Gwi Housing Vi 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: $12,511

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