Spokane Baptist Association Homes

Charity Navigator Rating: Needs Improvement

Spokane Baptist Association Homes has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various areas of its operations. The organization scored 64%, with the entire score being derived from the Accountability & Finance category. While it has a strong governance framework, with 100% independent board members and a solid conflict of interest policy, its financial transparency is lacking, particularly in the review of financial statements and the posting of its tax form online.

The organization demonstrates strengths in program expense management, achieving a perfect score in this area. It appears to allocate all of its expenses toward its programs, which is a positive indicator of its commitment to mission-driven work. However, significant concerns arise from the high liabilities to assets ratio of 79.62%, which suggests potential financial instability.

While Spokane Baptist Association Homes has established important policies for governance and accountability, its weaknesses in financial reporting and transparency hinder its overall rating. The organization would benefit from improved financial practices to enhance trust and confidence among its stakeholders.

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

Spokane Baptist Association Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane Baptist Association Homes 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: $376,157

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