Elderserv

Charity Navigator Rating: Two-Star out of Four Star rating (67%)

Elderserv has received a "Needs Improvement" rating from Charity Navigator, which indicates that while the organization demonstrates strong accountability and financial management, there are significant concerns regarding its transparency and governance practices. The organization scored 100% in various accountability metrics, including having a majority independent board and a solid liabilities to assets ratio of 23.88%. However, the financial statements show a troubling score of 0 out of 15 points, highlighting issues in financial disclosure.

The nonprofit excels in its program expense ratio, with 93.84% of its expenses directed toward its programs, which is a positive sign for potential donors looking for effective use of funds. Nevertheless, the absence of essential policies, such as conflict of interest and whistleblower policies, coupled with a lack of published financial statements on its website, raises questions about the organization's commitment to transparency and best practices in governance.

Overall, while Elderserv demonstrates effective program spending and solid financial management, the glaring deficiencies in transparency measures and policy documentation could deter potential supporters and donors. Improvements in these areas could help elevate the organization’s rating and public trust.

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

Elderserv is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderserv 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: $0

For more financial information, click here