Blue Horseshoe Inc

Charity Navigator Rating: 0 stars

Blue Horseshoe Inc has received a 0-star rating from Charity Navigator, with an overall score of 47%. This low rating reflects significant concerns regarding accountability and finance, particularly the absence of independent board members. The organization also lacks crucial financial statements and has not made its website available on the tax form, which raises questions about transparency.

Despite these shortcomings, Blue Horseshoe Inc has implemented some positive policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received full points. The organization reported a program expense ratio of 68.26%, indicating that a majority of its expenditures go toward its programs, although its liabilities to assets ratio of 169.63% is a notable red flag.

In conclusion, while Blue Horseshoe Inc demonstrates some commitment to programmatic spending and certain governance policies, the absence of independent oversight and lack of transparency in financial reporting severely limit its accountability and overall effectiveness. Potential donors and stakeholders should consider these factors when evaluating their support for the organization.

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

Blue Horseshoe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Horseshoe 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: $287,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,542

For more financial information, click here