Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
NCHC does not meet this Standard because:
- It did not produce a written report outlining the results of its July 2011 effectiveness assessment.
Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
NCHC does not meet this Standard because:
- According to its audited financial statements for the fiscal year ended June 30, 2010, the organization spent $598,284 or 64% of its total expenses ($934,723) on program service activities.
Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
NCHC does not meet this Standard because the 2010 annual report did not include:
- Total end of year net assets.
- The financial information provided in the annual report is combined with NCHC's affiliate.