Tacoma Teachers' Home Association

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)

The Tacoma Teachers' Home Association has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas that require attention. Notably, the association has a high program expense ratio of 94.51%, signifying that a large portion of their expenses is directed towards their mission. Furthermore, the organization has an independent board with 100% of its members being independent and has successfully passed financial audits without any material diversion of assets.

However, there are critical limitations that impact their overall rating. The organization's liabilities to assets ratio is significantly high at 180.43%, which raises concerns about financial stability. Additionally, several key governance policies, such as the conflict of interest policy and whistleblower policy, are missing, which could affect transparency and accountability. Furthermore, the organization did not list its website on its tax form, nor did it post its tax form on its website, which diminishes accessibility to important information for stakeholders.

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

Tacoma Teachers' Home Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tacoma Teachers' Home Association 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: $466,526

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