Haven Education

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

Haven Education has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization meets certain accountability and financial standards, there are areas that require enhancement. The rating reflects strengths in governance, as the organization boasts a fully independent board and solid conflict of interest, whistleblower, and document retention policies, contributing positively to its transparency.

However, the nonprofit has significant shortcomings in financial reporting, evidenced by a score of 0 out of 15 points for financial statements. While the program expense ratio is commendable at 86.38%, suggesting a strong focus on programmatic activities, the liabilities to assets ratio of 60.53% raises concerns about financial stability. This combination of high program spending but poor financial documentation underscores a need for improved fiscal management.

Overall, while Haven Education demonstrates a commitment to responsible governance and effective programming, there are critical financial oversight issues that must be addressed to bolster its sustainability and public trust. Continued efforts in enhancing transparency and reporting will be vital for the organization's future success.

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

Haven Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haven Education 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: $76,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,699

For more financial information, click here

Official website here: www.havenschool.com