Kane County Senior Living

Charity Navigator Rating: 54%, One-Star out of Four Stars

Kane County Senior Living, operating as The Reserve of Geneva, has received a low rating of 54% from Charity Navigator, resulting in a One-Star designation. This score indicates significant concerns regarding accountability and financial practices, particularly the lack of independent board members and missing key policies, such as conflict of interest and whistleblower policies, which are essential for governance transparency.

Despite these issues, the organization does demonstrate some strengths, including a high program expense ratio of 96.60%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, it has passed several critical financial oversight measures like having its financial statements audited and reporting no material diversion of assets.

However, the lack of independent oversight on the board and missing policies raises questions about the organization's governance and accountability practices. This combination of strengths and weaknesses highlights the need for improvement in transparency and board independence to enhance the overall effectiveness and trustworthiness of the organization.

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

Kane County Senior Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kane County Senior Living 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

For more financial information, click here

Official website here: www.reserveofgeneva.com