Safehouse Services

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Safehouse Services has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial transparency. While it scored well in areas such as independent board membership and material diversion of assets, the organization lacks financial statements and has not posted its tax form on its website. This absence of key financial documentation raises concerns about overall transparency.

The organization demonstrates a strong commitment to governance with 100% independent board members and a low liabilities to assets ratio of 2.95%, which reflects a solid financial foundation. Additionally, Safehouse Services allocates a high percentage of its expenses (93.55%) directly to programs, signaling a focus on its mission-related activities. However, the lack of a whistleblower policy and missing documentation on retention and destruction policies highlight areas where the organization could improve its accountability.

Overall, while Safehouse Services exhibits strengths in program expenses and board independence, the significant gaps in financial reporting and governance policies suggest that stakeholders should approach with caution until improvements are made.

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

Safehouse Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safehouse Services 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: $74,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,950

For more financial information, click here

Official website here: www.wyomingsafehouse.org