Carondelet Regional Medical Pc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

Carondelet Regional Medical Pc has received a rating of "Needs Improvement" with an overall score of 64%. This indicates that while the organization demonstrates some strengths, particularly in its program expense ratio of 99.31%, which shows a high commitment to spending on its programs, there are significant areas of concern regarding governance and financial oversight.

One notable weakness is the lack of independent board members, scoring 0% in this category, which raises questions about the organization's accountability and transparency. Additionally, the organization misses critical best practices such as maintaining a website linked to its tax forms and providing essential financial documents on its website, which could enhance transparency for stakeholders.

Despite these challenges, the organization has implemented sound financial oversight practices, as evidenced by the full score in its audit and oversight committee. However, the high liabilities to assets ratio of 1189.79% is alarming and suggests potential risks in financial stability. Overall, while the organization has a strong commitment to its programs, significant improvements in governance and transparency are necessary for it to attain a better rating.

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

Carondelet Regional Medical Pc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carondelet Regional Medical Pc 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: $1,226,667

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