Genesis House Inc

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and transparency within Genesis House Inc. While the organization scores well in areas such as having a majority of independent board members and maintaining a solid program expense ratio, the overall score indicates some shortcomings in critical governance practices.

Strengths of Genesis House Inc include its fully independent board and the management of assets, which are positively noted in the rating. The organization appears to effectively document board meeting minutes and maintains a favorable liabilities to assets ratio, indicating fiscal responsibility in its operations. These aspects contribute to a level of trust in its financial management.

However, significant limitations are evident, including missing policies essential for good governance, such as a conflict of interest policy and a whistleblower policy. Additionally, the lack of transparency in posting tax documents on its website detracts from its overall accountability score. These issues suggest a need for improvement in governance practices to enhance stakeholder confidence.

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

Genesis House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis House 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: $76,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,005

For more financial information, click here