Community Assisted Living Inc

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Community Assisted Living Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. While the organization demonstrates strong governance, with an independent board and a good program expense ratio, it falls short in key areas such as financial transparency and compliance with best practices for nonprofit management.

The organization earned full points for having a majority of independent board members and maintaining a proper board size, which reflects a commitment to sound governance. However, serious deficiencies were noted in financial statement availability and compliance with policies related to conflict of interest and document retention. These shortcomings diminish the organization's overall rating and raise questions about its financial health.

The liabilities to assets ratio of 88.27% is particularly concerning, suggesting that the nonprofit may be heavily encumbered by debt, which could impact its sustainability. While the program expense ratio is commendable at 80.78%, the lack of transparency and potential governance issues may hinder donor confidence and support. Overall, prospective donors should carefully consider these factors before contributing.

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

Community Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Assisted Living 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: $486,162

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Official website here: www.cottonwoodridge.com