New Hope Development Services Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 68%)

New Hope Development Services Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and finance, there are significant areas needing improvement. The organization boasts a fully independent board and has solid scores for its audit and oversight committee, as well as for its conflict of interest and whistleblower policies, suggesting a commitment to proper governance practices.

However, the program expense ratio is notably low at 37.90%, raising concerns about how effectively the organization utilizes its resources towards its stated mission. While the organization manages its liabilities well, with a 51.42% ratio, the overall low program expense ratio suggests that the majority of its budget may not be going towards direct program services, which could be a limiting factor in evaluating its overall impact.

In summary, New Hope Development Services Inc shows promise through its governance structure and financial oversight, but the effectiveness of its programs, as indicated by its low program expense ratio, presents a challenge. Continued efforts to enhance program spending could improve its rating and overall service delivery to the community it aims to assist.

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

New Hope Development Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Development Services 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: $413,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,373

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