Mansface Terrace Housing Development Crp

Charity Navigator Rating: Two-Star out of Four Stars (64%)

Mansface Terrace Housing Development Corp has received a Two-Star rating from Charity Navigator, indicating a mixed performance in terms of accountability and finance. The charity's overall score is primarily derived from its accountability metrics, where it scored 64%. While the organization boasts a fully independent board and effective financial oversight, there are significant gaps in its disclosure practices.

The organization excels in governance, with a board composed entirely of independent members and a strong audit and oversight committee. However, it faces criticism for lacking several essential policies and disclosures, such as a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. These deficiencies contribute to its lower rating in the accountability category.

Financially, Mansface Terrace Housing Development Corp has a concerning liabilities-to-assets ratio of over 119%, suggesting potential financial strain. On a positive note, a substantial portion of its expenses are directed towards programs, with a program expense ratio of 69.31%. Nevertheless, improvements are needed in transparency and financial management to enhance overall trust and effectiveness.

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

Mansface Terrace Housing Development Crp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mansface Terrace Housing Development Crp 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: $0

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