Habitat For Humanity Polk Co Tx Inc

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Habitat For Humanity Polk Co Tx Inc demonstrates some strong financial practices, there are notable areas for improvement regarding transparency and governance. The majority of board members are independent, and there are no material diversions of assets, reflecting a solid commitment to accountability.

The organization's Program Expense Ratio is commendable at 86.21%, indicating that a significant portion of its expenses is directed towards its programs. Additionally, the liabilities to assets ratio of 34.20% suggests that the organization is managing its debts effectively. However, the absence of a conflict of interest policy, whistleblower policy, and other essential governance documents raises concerns about its governance practices.

While the organization successfully documents board meeting minutes and maintains a fully independent board, the missing policies and the website listed on the tax form indicate potential areas of vulnerability in its operational transparency. Addressing these shortcomings could enhance its overall accountability and trustworthiness.

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

Habitat For Humanity Polk Co Tx Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Polk Co Tx 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: $74,254

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