Little Dolphin Inc

Charity Navigator Rating: 67%, Two-Star out of Four Star rating

Little Dolphin Inc has received a Two-Star rating from Charity Navigator, indicating some concerns about its accountability and financial transparency. With an overall score of 67%, the organization demonstrates strengths in having a fully independent board and maintaining a low liabilities to assets ratio, which reflects good fiscal health. Additionally, the program expense ratio is high at 88.60%, suggesting that most of its funds are directed towards its mission-related activities.

However, the organization has several notable weaknesses, particularly in its financial documentation and governance policies. It lacks published financial statements, a conflict of interest policy, and a whistleblower policy, which raises questions about its operational transparency. Furthermore, the absence of a website listed on its tax forms and missing documentation regarding board meeting minutes and tax forms on its site further detracts from its overall score.

In summary, while Little Dolphin Inc shows strong commitment towards its programs and has a competent board structure, its deficiencies in governance and financial reporting necessitate improvement to enhance trust and ensure compliance with best practices for nonprofits.

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

Little Dolphin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Dolphin 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: $98,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,629

For more financial information, click here