L'Amor Village Emergency Shelter

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 67%)

L'Amor Village Emergency Shelter has received a two-star rating from Charity Navigator, indicating significant areas for improvement, particularly in accountability and finance. The organization demonstrates strengths such as having a fully independent board and no reported material diversion of assets. Additionally, its program expense ratio is strong at 85.82%, which suggests that a large portion of its resources is directed towards its mission.

However, the organization faces multiple challenges that impact its overall rating. Key weaknesses include the absence of crucial policies such as conflict of interest, whistleblower, and document retention policies. Furthermore, financial review processes are lacking, as there is no indication of financial statements being reviewed or compiled, and the nonprofit's website is not listed on its tax form.

The financial health of L'Amor Village is somewhat promising, evidenced by a low liabilities to assets ratio of 13.87%. While the organization has a solid percentage of funds directed to its programs, the lack of transparency and governance policies may hinder its growth and trust among potential donors. Addressing these deficiencies could enhance its credibility and effectiveness in serving the community.

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

L'Amor Village Emergency Shelter is a legitimate nonprofit organization registered as a 501(c)(3) entity. L'Amor Village Emergency Shelter 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: $76,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here