Skyway House Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

Skyway House Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. While the nonprofit scores well in board independence and program expense ratio, which demonstrates a focus on its mission, significant weaknesses are noted in financial transparency and governance practices.

The organization boasts a fully independent board, which is a strong point, but it lacks essential financial documentation and policies. Specifically, it has not provided financial statements or posted required documents on its website, leading to a poor score in transparency. Additionally, the absence of a whistleblower policy and document retention practices raises concerns about accountability.

Despite these limitations, Skyway House Inc maintains a solid program expense ratio, reflecting a commitment to its service delivery. However, to enhance its rating and public trust, the organization would benefit greatly from improving its financial reporting and governance policies.

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

Skyway House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skyway House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $495,635

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