Hiy Inc

Charity Navigator Rating: One-Star out of Four Stars (55%)

Hiy Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While it has achieved a perfect score for having an independent board majority and policies in place for conflict of interest, whistleblower protection, and document retention, the overall financial health reflects weaknesses that are critical for donor confidence.

The organization’s Program Expense Ratio is relatively low at 58.71%, suggesting that a less substantial portion of its funds is devoted to program services compared to administrative costs. Additionally, the Liabilities to Assets Ratio is high at 73.20%, which raises red flags about its financial stability and sustainability. These factors contribute to the overall low score in the Accountability & Finance category.

Despite these challenges, Hiy Inc does demonstrate some positive governance practices with its compliance on essential policies and board meeting documentation. However, potential donors and supporters might want to consider these financial limitations seriously when evaluating the organization’s capacity to effectively utilize contributions for its intended missions.

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

Hiy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hiy 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: $132,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,160

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