Friends Of Hospice

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

Friends Of Hospice has achieved an 80% score, reflecting a solid Three-Star rating. This rating is largely based on its accountability and financial practices, indicating a strong commitment to transparency and sound management. The organization boasts an entirely independent board with a high percentage of independent members, further enhancing its governance.

The nonprofit has shown diligence in maintaining a conflict of interest and whistleblower policy, which are both critical for fostering an ethical operational framework. Additionally, the organization effectively documents board meeting minutes, demonstrating a commitment to accountability. Its low liabilities to assets ratio at 0.21% signifies financial health and stability.

However, the program expense ratio of 61.70% suggests that there may be room for improvement in directing a larger portion of its resources toward program services. Overall, the strengths in governance and financial accountability are notable, but the organization could focus on increasing its programmatic spending to further enhance its impact.

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

Friends Of Hospice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Hospice 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: $37,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,200

For more financial information, click here

Official website here: www.friendsofhospice.net