New Haven Home Inc

Charity Navigator Rating: Two-Star out of Four Star rating, 69%

New Haven Home Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in its operations and governance. The charity scored 69% overall, demonstrating a strong program expense ratio of 99.34%, suggesting that a significant portion of their budget is directed toward their programs. However, there are notable governance issues, including the absence of essential policies such as conflict of interest and whistleblower protections.

The organization benefits from a fully independent board, which is a positive aspect of its governance structure. All eight board members are independent, and the size of the board is made up entirely of independent members. Despite these strengths, the lack of financial statements is a major concern, as it prevents transparency and accountability, leading to a score of zero in that category.

In summary, while New Haven Home Inc demonstrates a strong commitment to its programs and has an independent board, the absence of critical governance policies and financial reporting raises concerns about its accountability. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.

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

New Haven Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Haven Home 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: $12,392
Other Salaries and Wages: $89,393

For more financial information, click here

Official website here: www.newhavenministries.net