Teddy Bear Tymes Child Care Center Inc

Charity Navigator Rating: 64% (Two-Star out of Four Stars)

Teddy Bear Tymes Child Care Center Inc has received a two-star rating from Charity Navigator, indicating that there are significant concerns in their accountability and finance practices. The organization notably lacks independent board members and has not provided necessary financial statements, which raises questions about transparency and governance. These factors contribute to a low accountability score, underscoring the need for improvement in organizational oversight.

Despite these challenges, the nonprofit does demonstrate positive financial management in certain areas. They allocate a substantial 85.19% of their expenses towards program activities, suggesting a strong focus on their core mission. Additionally, they have established essential policies such as conflict of interest and whistleblower protections, which indicates some commitment to ethical governance.

Overall, while Teddy Bear Tymes Child Care Center Inc has strengths in program expenditure and governance policies, the absence of independent board members and financial transparency are notable limitations that could affect donor confidence and overall effectiveness. Improving these areas could enhance their rating and operational effectiveness in the future.

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

Teddy Bear Tymes Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teddy Bear Tymes Child Care 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: $64,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,166

For more financial information, click here