Sunnyside Apartments Inc Fka New Vista Inc

Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)

Sunnyside Apartments Inc., formerly known as New Vista Inc., has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance practices. The overall score is primarily based on the Accountability & Finance beacon, where the organization scored 69%. Key strengths include a fully independent board and comprehensive policies for conflict of interest, whistleblower protections, and document retention, suggesting a commitment to governance and transparency.

However, the organization faces notable challenges, particularly in its financial health, with a liabilities to assets ratio of 245.16%, which significantly impacted its rating. This high ratio indicates potential financial strain that could affect its operational sustainability. Despite having a program expense ratio of 100%, which reflects that all expenses are directed toward its programmatic efforts, the high liabilities raise concerns about the long-term viability of its financial model.

Overall, while Sunnyside Apartments Inc. demonstrates strong governance and a focus on its mission, the financial stability highlighted by the high liabilities suggests that potential donors should consider the organization's fiscal health in their decision-making process.

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

Sunnyside Apartments Inc Fka New Vista Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunnyside Apartments Inc Fka New Vista 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: $0

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