Bernal Senior Housing Corporation

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.

Bernal Senior Housing Corporation received a Three-Star rating from Charity Navigator, reflecting a commendable score of 79%. This rating is based solely on the organization's accountability and finance metrics, indicating that the charity demonstrates a strong commitment to transparency and responsible financial management. The high scores in areas such as independent board member composition and documented policies underline its governance strengths.

The charity boasts a fully independent board, which is a positive indicator of its commitment to ethical practices and oversight. Notably, it has achieved full marks in several areas, including its conflict of interest policy and its whistleblower policy, suggesting that it maintains robust safeguards against mismanagement. Additionally, the organization allocates a significant portion of its expenses to programs, with an impressive program expense ratio of 99.66%.

However, the organization faces challenges reflected in its liabilities to assets ratio, which stands at 2430.87%. This figure raises concerns about the charity's financial stability and raises questions regarding its long-term sustainability. While the charity exhibits strong governance and transparency, potential donors and stakeholders should consider these financial limitations when evaluating the overall health of the organization.

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

Bernal Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bernal Senior Housing Corporation submitted a form 990EZ, 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.