Hatch Area Medical Center Foundation

Charity Navigator Rating: 62%, earning it a Two-Star out of Four Star rating. This rating indicates that the Hatch Area Medical Center Foundation demonstrates some strengths in its governance and financial practices but has notable areas for improvement, particularly in its financial efficiency.

The foundation boasts a fully independent board and has received high marks for its oversight and accountability measures, including a conflict of interest policy and a whistleblower policy. Additionally, the organization shows a commitment to maintaining accurate documentation, as evidenced by the availability of board meeting minutes and a proper audit and oversight committee.

However, the foundation's financial performance raises concerns, particularly its low program expense ratio of 23.20%, which indicates that a smaller portion of its budget is being directed towards its programs. The liabilities to assets ratio at 58.82% also signifies potential financial strain. These factors contribute to the overall Two-Star rating and highlight the need for the organization to enhance its programmatic spending to better fulfill its mission.

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

Hatch Area Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hatch Area Medical Center Foundation 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: $207,647

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