Severe Weather Shelter Network

Charity Navigator Rating: Needs Improvement (62%)

The Severe Weather Shelter Network has received a two-star rating, indicating a need for improvement in its overall accountability and financial practices. With a score of 62%, the organization demonstrates strong governance features, including a fully independent board and solid conflict of interest and whistleblower policies. However, the lack of financial statements and the absence of essential documents on its website detract significantly from the rating.

Financial efficiency is a highlight for the organization, as reflected in its program expense ratio of 90.63%, indicating a strong focus on program spending relative to total expenses. Despite this, the liabilities to assets ratio of 77.79% raises concerns about financial sustainability. The organization's commitment to transparency is evident in certain areas, but the missing documentation for board meeting minutes and tax forms suggests there is work to be done in enhancing financial reporting practices.

Overall, while the Severe Weather Shelter Network excels in specific governance metrics and program efficiency, it faces challenges in financial documentation and transparency. Addressing these limitations could greatly enhance its standing and effectiveness in serving its mission.

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

Severe Weather Shelter Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Severe Weather Shelter Network 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: $133,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,552

For more financial information, click here

Official website here: www.swshelternetwork.com