Winsted Area Child Care Center Inc

Charity Navigator rating: 88%, Three-Star out of Four Star rating.

Winsted Area Child Care Center Inc has received an 88% score, which translates into a Three-Star rating, reflecting solid performance in accountability and finance. The organization's strengths lie in its governance structure, featuring a fully independent board, and its financial transparency, as evidenced by a clean audit and a strong program expense ratio of 92.85%. This indicates that a significant portion of their expenditures is directed toward their core mission.

Furthermore, the charity has demonstrated effective practices by having comprehensive policies in place, such as conflict of interest and material diversion of assets, both of which scored perfectly. However, it has a notable gap in its whistleblower policy and document retention and destruction practices, which may affect its overall governance robustness. While these limitations exist, they are relatively minor compared to the organization's strengths.

Overall, Winsted Area Child Care Center Inc shows a strong commitment to accountability and responsible financial management, making it a trustworthy option for those looking to support early childhood care initiatives.

This AI summary has been generated from information found on Charity Navigator.

Winsted Area Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winsted Area Child Care Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $56,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $884,941

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Official website here: www.winstedareachildcarecenter.weebly.com