Primrose Residential Facility Inc

Charity Navigator Rating: 64% (Two-Star out of Four Star rating)

Primrose Residential Facility Inc has received a Two-Star rating from Charity Navigator, indicating a performance score of 64%. This rating reflects a mixed assessment of the organization's accountability and financial practices. While the charity has a strong governance structure with a fully independent board and has implemented crucial policies such as conflict of interest and whistleblower protections, it faces significant limitations in its financial reporting.

The organization has achieved a high program expense ratio of 93.50%, suggesting that a substantial portion of its expenditures is directed towards fulfilling its mission. However, there are notable deficiencies in the transparency of its financial documents, as it did not provide financial statements or tax forms on its website, leading to a low score in those areas. This lack of accessible financial information raises concerns about overall accountability.

Additionally, the charity has a high liabilities-to-assets ratio of 164.35%, which may indicate financial instability. While the organization's commitment to governance and ethical practices is commendable, the absence of critical financial documentation and the current financial health should be addressed to improve trust and credibility with stakeholders.

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

Primrose Residential Facility Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Primrose Residential Facility 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: $49,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,089

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