Stovall Housing Corporation

Charity Navigator Rating: Needs Improvement

Stovall Housing Corporation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 60%. This rating reflects some strengths in areas such as program expense ratio, where the organization allocates over 95% of its expenses directly to its programs. Additionally, it has successfully maintained a clean record concerning material diversion of assets and has established policies for conflict of interest and document retention.

However, the organization faces significant challenges, particularly in governance and transparency. The board lacks independent members, scoring 0% in both the majority independent board members and independent board size categories. Furthermore, important documents like the tax form and whistleblower policy are missing from their website, which raises concerns about accountability and transparency.

Overall, while Stovall Housing Corporation demonstrates commitment to its mission through effective program spending, improvements are needed in governance and transparency to enhance its rating and public trust.

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

Stovall Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stovall Housing 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: $129,658

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