Serenity Group Homes Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

Serenity Group Homes Inc has received a "Needs Improvement" rating from Charity Navigator, which indicates that the organization may have some areas requiring attention. The overall score of 71% reflects strengths in certain aspects of governance, including a fully independent board and a solid program expense ratio of 77.63%, suggesting that a significant portion of its funds is directed towards its mission-related activities.

However, the organization falls short in several critical areas, such as the absence of financial statements and key policies like conflict of interest and document retention. These deficiencies result in low scores in accountability and finance, which could impact stakeholder trust and transparency. While the organization does have documented board meeting minutes and a whistleblower policy, the lack of essential financial documentation raises concerns about its operational oversight.

In summary, while Serenity Group Homes Inc demonstrates commitment through its independent governance and program expenditure, it needs to improve its financial accountability and transparency practices. Addressing these gaps could enhance its credibility and effectiveness in serving its community.

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

Serenity Group Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serenity Group 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: $190,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $835,670

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