Allies Homes Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star rating

Allies Homes Inc has earned a score of 79%, reflecting a solid performance in accountability and finance, which is critical for donor confidence. The organization's strong commitment to governance is evidenced by its independent board, which consists entirely of independent members and adheres to robust policies regarding conflict of interest and whistleblowing. The charity's program expense ratio of 73.81% indicates that a significant portion of its expenditures is directed towards its mission-driven programs.

However, the organization faces challenges, particularly with its liabilities to assets ratio, which stands at 109.12%. This suggests that the charity has more liabilities than assets, potentially posing financial risks that could impact its long-term sustainability. While the charity demonstrates strong governance and financial oversight, potential donors may want to consider this aspect carefully when evaluating their support.

Overall, Allies Homes Inc shows a commendable dedication to accountability, evidenced by its policies and independent governance structure. However, the financial metrics indicate areas that require monitoring, specifically in managing liabilities relative to its assets.

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

Allies Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allies Homes 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: $0
Other Salaries and Wages: $10,600

For more financial information, click here

Official website here: www.alliesnj.org