Albert Einstein Residence Center

Charity Navigator Rating: 71% (Two-Star out of Four Star rating)

The Albert Einstein Residence Center has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. With an overall score of 71%, the organization demonstrates solid governance practices, including a fully independent board and effective financial oversight. The high scores in independent board member composition and audit committee operations reflect a commitment to strong leadership and accountability.

However, the organization faces challenges with its financial health, particularly evident in its liabilities to assets ratio, which stands at 82.75%. This figure suggests that the center may be operating with a significant amount of debt relative to its assets, raising concerns about long-term sustainability. Despite this, the program expense ratio is healthy at 71.73%, indicating that a substantial portion of its expenses goes directly to program services.

Overall, while the Albert Einstein Residence Center exhibits strengths in governance and program efficiency, its financial challenges highlight the need for improved fiscal management. Addressing these liabilities will be crucial for enhancing its stability and effectiveness in serving its community.

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

Albert Einstein Residence Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albert Einstein Residence Center 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: $113,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,406

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