Trumbull Loves Children Inc

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

Trumbull Loves Children Inc has received a 52% score from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization has an independent board, which is a positive aspect, showcasing good governance. However, the charity struggles with financial transparency, as evidenced by a lack of a posted tax form on its website and a concerning liabilities to assets ratio of 92.92%.

The program expense ratio stands at 58.96%, suggesting that a little more than half of its expenditures are directed toward programs. While this is an acceptable figure, it does indicate that there may be substantial administrative costs consuming portions of funding. The absence of a financial review or compilation also raises questions about the thoroughness of its financial oversight.

Overall, while Trumbull Loves Children Inc exhibits strengths in board independence and governance policies, the charity's low financial accountability score and lack of transparency may deter potential donors and volunteers from supporting its mission effectively.

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

Trumbull Loves Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trumbull Loves Children 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: $126,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,554

For more financial information, click here

Official website here: www.tlctrumbull.com