Children's Laboratory Schools Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)

Children's Laboratory Schools Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement, particularly in accountability and financial transparency. While the organization has a strong independent board composed entirely of independent members and demonstrates a high program expense ratio of 91.06%, it scores poorly in several key accountability metrics, particularly regarding missing financial statements and policies.

The nonprofit has demonstrated good practices in certain areas, such as meeting transparency standards by listing its website on the tax form and maintaining thorough board meeting minutes. However, the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy raises concerns about governance practices and organizational accountability.

Overall, while the organization effectively directs a significant portion of its expenses toward programming, the lack of essential financial documentation and policies could hinder trust among potential donors and stakeholders, suggesting a need for enhanced governance and transparency efforts.

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

Children's Laboratory Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Laboratory Schools 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,789

For more financial information, click here

Official website here: www.gloriadeimontessori.org