Grace House Inc

Charity Navigator Rating: Needs Improvement. Grace House Inc has received a Two-Star out of Four Star rating with an overall score of 69%. This indicates that while the organization demonstrates some strengths, there are significant areas requiring attention to meet best practices in nonprofit governance and financial management.

One of the notable strengths of Grace House is its accountability, as it boasts a fully independent board, with 100% of its members meeting that criterion. The organization also shows a solid program expense ratio of 81.67%, indicating that a large portion of its expenditures goes directly to its programs. However, the lack of financial statements and essential policies such as conflict of interest, whistleblower, and document retention raises concerns about transparency and governance practices.

While the organization has demonstrated fiscal responsibility with a low liabilities to assets ratio of 0.57%, the absence of key financial disclosures and policies may hinder potential donors from fully understanding its operations. Improving these areas could enhance Grace House's credibility and effectiveness in fulfilling its mission.

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

Grace House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace House 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: $81,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,786

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Official website here: www.gracehousesa.org