Holbrook Ems Inc

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Holbrook Ems Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, including the independence of its board members and the transparency of its financial statements. Despite having no majority independent board members and lacking in several governance policies, the organization does show a commitment to program expenses, with a 100% program expense ratio.

The charity achieved a perfect score in the material diversion of assets and has a solid liabilities to assets ratio, which suggests good financial health in terms of debt management. However, the absence of key governance policies such as a whistleblower policy and the failure to post financial documents on its website contribute to its low standing in accountability measures.

Overall, while Holbrook Ems Inc effectively allocates its resources towards its programs, the lack of transparency and governance oversight raises concerns for potential donors and stakeholders. Addressing these issues could significantly improve its rating and public confidence.

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

Holbrook Ems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holbrook Ems 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: $59,705
Professional Fundraising Fees: $0
Other Salaries and Wages: $922,468

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