Nonprofit Housing Preservation Pi Inc

Charity Navigator Rating: Needs Improvement (67%)

Housing Preservation Pi Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in various areas of accountability and finance. While the organization demonstrates strengths such as a fully independent board and an excellent program expense ratio of 90.97%, there are significant concerns regarding its financial health, highlighted by a liabilities to assets ratio exceeding 100%.

The organization has also been noted for its strong governance practices, including maintaining documentation for board meeting minutes and successfully passing an audit. However, critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy are missing, which contributes to lower accountability scores.

Overall, while Housing Preservation Pi Inc shows a commitment to its program expenditures and governance, the lack of essential financial documentation and policies raises red flags. Addressing these gaps is crucial for improving its financial health and credibility in the nonprofit sector.

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

Nonprofit Housing Preservation Pi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Housing Preservation Pi 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: $142,921

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