North Bay Human Development Corporation

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating reflects concerns about the organization's financial health and governance practices despite some positive aspects. The organization's high program expense ratio of 92.59% indicates that it allocates a significant portion of its funds directly to its programs, which is a strength in terms of demonstrating commitment to its mission.

However, the organization has serious limitations in its financial oversight and governance policies. The liabilities to assets ratio of 212.55% suggests potential financial instability, and the absence of essential governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns regarding transparency and accountability. Additionally, the lack of publicly available tax forms could hinder donor confidence.

While North Bay Human Development Corporation has strong independent board representation and effective audit oversight, these financial and governance weaknesses suggest that potential donors should proceed with caution. It is important for the organization to address these issues to improve its overall rating and enhance trust among stakeholders.

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

North Bay Human Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Bay Human Development Corporation 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: $292,715

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