Henderson Village Inc Co Arrowhead Housing

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Henderson Village Inc Co Arrowhead Housing has received a One-Star rating from Charity Navigator, which indicates significant areas of concern in its operations and financial practices. The charity scored 52% overall, reflecting a lack of transparency and accountability. Notably, while the organization has a fully independent board, it failed to provide crucial financial statements and maintain necessary policies such as conflict of interest and whistleblower protections.

Despite having a high program expense ratio of 100%, which suggests that all expenses are directed towards its programs, the organization has a concerning liabilities to assets ratio of 107.48%. This indicates that it has more liabilities than assets, raising questions about long-term financial sustainability. Additionally, the absence of a website linked to its tax form and other missing documentation contribute to its low rating.

In summary, while Henderson Village Inc Co Arrowhead Housing demonstrates strong governance through an independent board, the lack of financial transparency and missing key policies presents serious limitations. Stakeholders should consider these factors when assessing the organization's overall effectiveness and reliability.

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

Henderson Village Inc Co Arrowhead Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson Village Inc Co Arrowhead Housing 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: $70,639

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