Taylor Sunset Housing Development Corportion

Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial performance for Taylor Sunset Housing Development Corporation. The organization demonstrates strong governance with a fully independent board and a favorable liabilities to assets ratio, which suggests sound management of its resources.

However, the nonprofit has notable weaknesses, particularly in transparency and the availability of financial statements. The lack of key documents such as the tax form on the nonprofit's website, along with missing whistleblower and document retention policies, raises concerns regarding its operational transparency. These gaps in reporting could affect stakeholders' confidence and the organization's overall credibility.

Despite the high program expense ratio, indicating that most expenditures are directed toward its programs, the absence of financial statements is significant. This may limit potential donors' ability to assess the organization's financial health and effectiveness fully. Overall, while there are strengths in governance, the organization faces challenges in communication and transparency that it should address to improve its standing.

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

Taylor Sunset Housing Development Corportion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor Sunset Housing Development Corportion 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: $166,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,828

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