The Long Term Care Foundation

Charity Navigator Rating: 57%, One-Star out of Four Star Rating

The Long Term Care Foundation has received a One-Star rating from Charity Navigator, indicating concerns about its financial accountability and transparency. The organization has been noted for its high percentage of independent board members and its positive score for material diversion of assets, which suggests strong governance in those areas. However, the lack of financial statements and missing policies such as conflict of interest and document retention have significantly impacted its overall score.

The foundation's program expense ratio stands at 58.77%, suggesting that a relatively modest portion of its expenses goes directly to its programs, which can raise questions about efficiency and effectiveness. While the assets to liabilities ratio is strong at 0.55%, the absence of key financial documentation and transparency measures has led to a low accountability score.

In summary, while The Long Term Care Foundation demonstrates some governance strengths, its deficiencies in financial reporting and policies limit its rating and suggest the need for improvement in accountability practices.

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

The Long Term Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Long Term Care Foundation 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: $112,285
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,781

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