Sycamore Glen Inc

Charity Navigator Rating: Needs Improvement (74%)

Sycamore Glen Inc has received a "Needs Improvement" rating from Charity Navigator, signifying a score of 74%. This rating highlights areas where the organization excels, particularly in program expense ratio, showing that 90.49% of its expenses are directed towards programs, which indicates a strong commitment to its mission. Additionally, the organization maintains a majority of independent board members and has robust oversight policies in place, including a conflict of interest policy and whistleblower protections.

However, there are notable weaknesses in Sycamore Glen Inc's financial management. A significant concern is its liabilities to assets ratio, which stands at 106.45%, indicating a precarious financial position. Furthermore, the nonprofit's transparency could be improved, as it has failed to post its tax form on its website, which is a missing element in their accountability practices.

Overall, while Sycamore Glen Inc demonstrates a strong commitment to its programmatic goals and governance policies, the financial health and transparency issues may raise concerns for potential donors and stakeholders. Addressing these areas could enhance its overall rating and stakeholder confidence.

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

Sycamore Glen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sycamore Glen 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: $0

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Official website here: www.edenhousing.org