***FOR IMMEDIATE RELEASE***
CENIKOR FOUNDATION EARNS 4-STAR RATING FROM CHARITY NAVIGATOR FOR 6TH CONSECUTIVE YEAR
(Houston, TX – October 6, 2016) The Cenikor Foundation’s (Cenikor) sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the 6th consecutive time that Cenikor has earned this top distinction. Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“Cenikor Foundation’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, President and CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars. This exceptional designation from Charity Navigator sets Cenikor apart from its peers and demonstrates to the public its fiduciary trustworthiness, efficiency and responsibility.”
“It’s important that our generous philanthropic donors and foundations trust that we are using our funding wisely to accomplish our mission to provide treatment services for those in need suffering from substance use disorders and behavioral health issues,” said Bill Bailey, President and CEO of Cenikor Foundation. “Our 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously.
Good stewardship is a top principle in Cenikor’s corporate culture. Cenikor has been in business for almost 50 years, and is focused on a long future of continued services and growth to meet the ever-growing need for addiction treatment. This 4-star rating is a positive reflection of that good stewardship and financial resource management. Bailey goes on to say that “we could not have achieved this rating without the dedication, hard work and support of everyone in the Cenikor family.”
Four-star rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about the Cenikor Foundation’s rating is available to Charity Navigator site visitors who become registered users, another free service.
Cenikor is a 501(c)(3) nonprofit organization committed to helping people with substance abuse and behavioral health issues through a full continuum of care. Cenikor proudly serves over 1,000 clients per week, offering prevention, short-term inpatient, long-term inpatient, ambulatory detoxification, inpatient detoxification, adult outpatient, adolescent inpatient, adolescent outpatient, and sober living programs. Celebrating more than 49 years, Cenikor is one of the oldest and most successful substance abuse treatment centers in the nation. Cenikor offers a continuum of care in Texas and Louisiana, dedicated to assisting people develop the skills needed to become responsible citizens free of substance abuse. For more information about Cenikor please visit www.cenikor.org or call 888-CENIKOR (236-4567).
AVP Marketing & Government Relations