Homes For Senior Citizens Inc

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Homes For Senior Citizens Inc demonstrates some strong financial accountability and transparency, there are notable shortcomings in governance and policy adherence that impact its overall assessment.

The organization scores well on aspects such as having an entirely independent board and a high program expense ratio, which suggests a strong commitment to its mission of serving senior citizens. Specifically, 99.45% of its expenses go directly to programs, indicating effective allocation of resources towards its goals. Additionally, it has no significant liabilities, maintaining a healthy financial position.

However, the absence of essential governance policies, including a conflict of interest policy, whistleblower policy, and document retention policy, raises concerns about oversight and accountability. The lack of publicly available tax documents further limits transparency. These factors contribute to the overall Two-Star rating, suggesting that while the organization is dedicated to its mission, there is room for improvement in governance practices and transparency.

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

Homes For Senior Citizens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Senior Citizens 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: $49,937

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