Charity Navigator - Rating for Salvation Army Services Inc. (2024)

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In the presented article, we're delving into the details of a 501(c)(3) organization located in Hoffman Estates, IL, focusing on low-income housing and supportive housing. To establish the credibility of this nonprofit, several key pieces of information are provided.

Firstly, the organization's IRS ruling year is mentioned as 1992, indicating its long-standing presence in the nonprofit sector. The Employer Identification Number (EIN) is also disclosed as 36-3805307, further confirming the legitimacy of the organization.

The address, 5550 Prairie Stone Parkway, Hoffman Estates, IL 60192-3713, is provided for reference, showcasing transparency in the nonprofit's operations. Additionally, a contact number (847-294-2169) is available, offering a means for stakeholders to reach out.

The mission of the organization is stated as "LOW INCOME HOUSING & SUPPORTIVE HOUSING," providing a clear understanding of its primary objectives and focus areas.

Moving on to the charity's performance evaluation, the article presents a rating of 79%, earning it a Three-Star rating. This score is derived from a single beacon score, with a breakdown of weighted components, such as Accountability & Finance. The specific beacon weights include Historical Ratings, Rating Report, Impact & Results, Culture & Community, Leadership & Adaptability.

The most recent fiscal year mentioned is FY 2022, and the beacon assesses the charity's financial health, efficiency, sustainability, and trustworthiness. Key accountability metrics are outlined, including the percentage of independent board members, independent board size, financial statements, and measures to prevent material diversion of assets.

The article also touches upon the charity's accountability metrics, including the presence of a conflict of interest policy, whistleblower policy, and document retention and destruction policies.

In the financial metrics section, information about the liabilities-to-assets ratio and program expense ratio is provided, offering insights into the organization's financial management.

The article concludes by indicating that the charity has a Three-Star rating and mentions issues with "The Giving Basket," providing guidance for potential donors to refresh the page or contact the organization if they encounter problems.

This comprehensive evaluation demonstrates a commitment to transparency, financial responsibility, and adherence to governance practices, providing potential donors with valuable information to make informed decisions about supporting the nonprofit.