Posted Wednesday, February 11, 2009
February 11, 2009 – The Heuga Center for Multiple Sclerosis earned four stars, the highest rating possible, for the second consecutive year from nonprofit evaluator Charity Navigator this month for its ability to efficiently manage and grow its finances. The Heuga Center is in the top 18 percent of the 5,000 nonprofits evaluated by Charity Navigator.
“We’re especially proud to commit over 80 percent of our dollars to our programs and services,” said Kim Sharkey, CEO of The Heuga Center. “Our rating is a testament of The Heuga Center’s commitment to financial responsibility. In this economic climate, it’s more important than ever for our donors to know their dollars are used efficiently for our mission of helping people and families living with MS. Charity Navigator’s recognition of our accomplishments verifies we’re meeting the high standards we set for our operations.”
Charity Navigator is the nation’s largest and most-utilized, independent evaluator of nonprofit organizations. Each year Charity Navigator rates more than 5,000 nonprofits based on operational efficiency and organizational capacity. The ratings show donors how charities use their dollars, and to what extent charities grow programs and services over time.
“Only 18 percent of the charities we rate received at least two consecutive four-star evaluations, indicating that The Heuga Center consistently executes its mission in a fiscally-responsible way and outperforms other charities in the United States,” said Ken Berger, president and CEO of Charity Navigator. “This exceptional designation from Charity Navigator differentiates The Heuga Center from its peers and demonstrates to the public it’s worthy of its trust.”
Charity Navigator’s evaluations are based on the nonprofit organization’s annual tax return. Each year Charity Navigator’s team of professional analysts examines tens of thousands of nonprofit financial documents to help donors give wisely. Donors rely on the star-rating system to guide their dollars to fiscally-responsible charities.
The Heuga Center exceeds industry standards and outperforms most charities in Charity Navigator’s Health: Diseases, Disorders, and Disciplines category. Here are additional statistics about The Heuga Center’s 2007 rating:
• More than 80 percent of funds were spent on programs.
• Ranked in top 18 percent of more than 5,000 nonprofits rated.
• Ranked 69 (top 23 percent) of 304 four-star nonprofits in the Health: Diseases, Disorders, and Disciplines category.
• Ranked 153 (top 26 percent) of 580 four-star nonprofits in the Health category.
• One of 48 four-star nonprofits in Colorado.
• The only four-star nonprofit in Eagle County, Colo.
Charity Navigator’s staff, based in New Jersey, consists of people from a variety of professional disciplines who united in the belief that the philanthropic marketplace will benefit from a new level of unbiased financial analysis. Charity Navigator’s analysts are drawn not only from the fields of education and nonprofit management, and positions of skill within the for-profit sector.
The Heuga Center’s rating can be viewed at http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=7883
Based in Edwards, Colo., The Heuga Center for Multiple Sclerosis is a nonprofit organization leading the way with comprehensive programs that empower people and families living with MS to transform and improve their quality of life. The Heuga Center’s health and wellness programs are: five-day CAN DO®, two-day CAN DO 2® and one-day JUMPSTART®.
Visit www.heuga.org to learn more about The Heuga Center.
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