Love N Kindness Community Development Corp

Charity Navigator Rating: 30%

Love N Kindness Community Development Corp has received a Zero-Star out of Four Star rating based on its low overall score of 30%. This rating highlights significant concerns regarding the organization's accountability and financial practices. While it scores full points for having a majority of independent board members and an adequately sized board, there are numerous areas where it falls short, particularly in financial transparency and governance policies.

The charity notably lacks essential policies, including conflict of interest, whistleblower, and document retention, which are critical for maintaining trust and integrity. Furthermore, the absence of key documentation, such as board meeting minutes and its tax form on the nonprofit's website, raises serious questions about its operational transparency. The liabilities to assets ratio is concerning at 77.30%, indicating a potential risk in financial stability.

Additionally, the program expense ratio of 44.42% suggests that a significant portion of the charity's budget may not be directed towards its programs, which could impact its effectiveness in fulfilling its mission. Overall, the organization's weaknesses in governance and financial management significantly undermine its credibility and effectiveness as a nonprofit.

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

Love N Kindness Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love N Kindness Community Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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