Serving Hope

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Serving Hope received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization shows strength in governance, with 100% of its board members being independent and maintaining a low liabilities to assets ratio of 17.01%. Additionally, a commendable program expense ratio of 89.21% suggests that a significant portion of its expenditures goes directly to its programs.

However, there are notable weaknesses in Serving Hope's financial transparency. The organization has failed to provide financial statements, which resulted in a score of zero in that category. Furthermore, critical policies such as conflict of interest and whistleblower policies are missing, which may raise concerns about governance practices and ethical safeguards. Additionally, the absence of the tax form on its website limits public access to its financial information.

Overall, while Serving Hope demonstrates strong programmatic focus and board independence, it needs to improve its financial transparency and governance policies to enhance its accountability and trustworthiness in the eyes of donors and the public.

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

Serving Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serving Hope 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: $401,462

For more financial information, click here

Official website here: www.servinghopeinc.org