Koos For Kids Inc

Charity Navigator Rating: 53% (One-Star out of Four Stars)

Koos For Kids Inc has received a low rating of 53% from Charity Navigator, which indicates significant concerns regarding the organization's accountability and financial management. The one-star rating reflects the absence of independent board members, lack of key policies such as conflict of interest and whistleblower policies, and missing documentation on its website, which are critical elements for transparency and effective governance.

Despite the low score, the organization demonstrates strengths in specific areas, particularly in its program expense ratio, which stands at an impressive 91.20%. This suggests that a substantial portion of its resources is directed towards its stated mission and programs. Additionally, the organization has no material diversion of assets and maintains a healthy liabilities to assets ratio of 0.00%, indicating financial stability.

However, the significant limitations highlighted in the accountability and finance score raise concerns about the overall governance of Koos For Kids Inc. The absence of essential policies and lack of independent oversight could undermine trust among donors and stakeholders. Addressing these deficiencies will be crucial for the organization to improve its rating and enhance its operational credibility moving forward.

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

Koos For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koos For Kids Inc submitted a form 990EZ, 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.