East Texas Open Door Inc

Charity Navigator Rating: 90%, Four-Star out of Four Star rating

East Texas Open Door Inc has achieved a 90% score, reflecting a strong commitment to accountability and finance as evidenced by their Four-Star rating. This score indicates that the organization demonstrates transparency and responsible financial management, which is crucial for maintaining donor trust and support. The evaluation is based entirely on their accountability and finance metrics for the most recent fiscal year, FY2022.

The nonprofit excels in various areas, such as having a fully independent board, which contributes to its governance integrity. Additionally, the organization has a solid program expense ratio of 84.75%, indicating that a significant portion of its resources is dedicated to its programs and services rather than administrative costs. Other positive factors include robust financial oversight, with no material diversion of assets and comprehensive conflict of interest and document retention policies in place.

Despite the overall positive evaluation, it is essential for potential donors and stakeholders to continue monitoring the organization's operations and impact. While the current financial metrics are promising, ongoing assessment will ensure that East Texas Open Door Inc remains effective in fulfilling its mission and serving the community effectively.

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

East Texas Open Door Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Texas Open Door 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $601,365

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