Personal Solutions Inc

Charity Navigator Rating: 56%, One-Star out of Four Star rating

Personal Solutions Inc has received a low rating of 56% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization scores particularly poorly in governance, with no independent board members and a lack of essential policies, such as conflict of interest and whistleblower protections, which can impact transparency and trust.

Despite these weaknesses, the organization demonstrates strengths in financial management, with a high program expense ratio of 88.09%, indicating that the majority of its funds are directed towards its mission-related activities. Additionally, they have successfully avoided any material diversion of assets, showcasing a level of integrity in their financial dealings.

However, the absence of key governance policies and independent oversight raises red flags for potential donors. To improve its standing and donor confidence, Personal Solutions Inc would benefit from establishing a more robust governance framework and enhancing transparency in its operations.

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

Personal Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Personal Solutions 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: $324,057

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Official website here: www.personalsolutionsinc.com