Talent Learning Center Inc

Charity Navigator Rating: 22%, Zero-Star out of Four Star rating.

Talent Learning Center Inc has received a low rating of 22%, primarily due to significant shortcomings in Accountability and Finance. The organization has not demonstrated independence in its board composition, with no independent members present. Additionally, various essential policies and documentation, such as a conflict of interest policy and meeting minutes, are absent, raising concerns about governance and transparency.

Despite the noted issues, the organization has not reported any material diversion of assets, which is a positive aspect within its financial management. However, the liabilities to assets ratio is alarmingly high at 791.74%, indicating a potential risk regarding financial stability. The program expense ratio of 59.82% suggests that a portion of the funds is allocated toward programs, but overall accountability remains a significant area of concern for potential donors and stakeholders.

Overall, the lack of transparency, governance policies, and a high liabilities ratio diminish the organization's credibility and effectiveness in fulfilling its mission. Donors should exercise caution and consider these factors when evaluating support for Talent Learning Center Inc.

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

Talent Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talent Learning 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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