Press Release

Operation Homefront Receives Fifth Consecutive Four-Star Rating from Charity Navigator

9/26/2011

SAN ANTONIO – Operation Homefront, the national non-profit that provides emergency financial and other assistance to military families and wounded warriors, announced today that it has earned its fifth consecutive 4-star rating from Charity Navigator. This is the top rating awarded by the charity watchdog organization.
 
“I wish to congratulate Operation Homefront on achieving our coveted 4-star rating for sound fiscal management and commitment to accountability and transparency,” said Charity Navigator President & CEO Ken Berger, noting that the rating “indicates that your organization adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way.”

“We are very pleased by the rating, especially given the additional evaluation areas concerning organizational governance” said Jim Knotts, President and CEO of Operation Homefront.  “This rating is recognition of the incredible effort and dedication by our Board, staff, chapters, and volunteers.  We pride ourselves on being good stewards of the resources entrusted to us, and thank all our donors who join us in supporting military families.”
 
Only 4 percent of the charities rated by Charity Navigator have received at least 5 consecutive 4-star evaluations, indicating that Operation Homefront outperforms most other charities in America.  This exceptional designation from Charity Navigator differentiates Operation Homefront from its peers and demonstrates to the public it is worthy of their trust.  In the nonprofit world, having 85 percent of total revenue going to programs is considered excellent.  Operation Homefront exceeds those expectations with 94 percent of total revenue going to programs.

Earlier this year, Operation Homefront received an “A” rating from the American Institute of Philanthropy (AIP).  More information on AIP’s rating of operation Homefront is available at CharityWatch.org.

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