Open Doors Louisiana Inc

Charity Navigator Rating: 50% (One-Star out of Four Stars)

Open Doors Louisiana Inc has received a 50% rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The charity's lack of financial statements and absence of essential governance policies, such as a conflict of interest policy and a whistleblower policy, contribute to its low score. While it is commendable that all board members are independent, these governance shortcomings raise questions about transparency and accountability.

Despite its financial challenges, the organization demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 86.92%. This suggests that a substantial portion of its expenditures directly supports its mission. However, the liabilities to assets ratio of 116.00% indicates potential financial instability, which could affect the charity's long-term sustainability and ability to fulfill its mission.

Overall, while Open Doors Louisiana Inc shows potential through its programmatic focus, serious governance and financial transparency issues must be addressed to improve its overall accountability and trustworthiness in the nonprofit sector.

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

Open Doors Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Doors Louisiana 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: $51,370

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