Westcliffe Housing Foundation Inc

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Westcliffe Housing Foundation Inc demonstrates some strengths in accountability and financial transparency, there are significant areas that need improvement. The organization has a solid program expense ratio of 92.89%, indicating that a large portion of funds are going directly to programs rather than administrative costs.

One key strength of the foundation is its governance structure, with a 100% independent board and proper documentation of board meeting minutes. Additionally, the financial audit is well-executed, receiving top scores in that area. However, the foundation faces challenges with its liabilities to assets ratio, which is quite high at 107.47%, suggesting potential financial instability.

There are notable limitations in the nonprofit's policies and transparency practices. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about governance and accountability. Furthermore, the lack of a website listed on the tax form and failure to post its tax documents online may hinder public trust and accessibility of information.

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

Westcliffe Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westcliffe Housing Foundation 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: $166,467

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