West Apartments Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

West Apartments Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in their operations and financial practices. While their overall score is 71%, the organization demonstrates strong governance features, such as a fully independent board and effective audit oversight. However, they fall short in key areas, particularly in their lack of a whistleblower policy and document retention practices.

The nonprofit shows strengths in its program expense ratio, which stands at an impressive 87.13%, indicating that a significant portion of their expenditures goes directly to their programs. Additionally, they have no material diversion of assets, which reflects a commendable level of integrity in financial reporting. Nonetheless, their high liabilities to assets ratio of 73.20% raises concerns about their financial stability.

While West Apartments Inc has some robust governance practices, the absence of critical policies and transparency measures limits their accountability. Implementing these policies could enhance their accountability and overall performance, thereby improving their rating in future evaluations.

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

West Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Apartments 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: $201,194

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