The Childrens Toy Fund Inc

Charity Navigator Rating: 0 stars (31%)

The Children's Toy Fund Inc received a low score of 31% from Charity Navigator, resulting in a zero-star rating. This rating highlights significant concerns regarding the charity's accountability and financial transparency. Although the organization boasts a fully independent board, it lacks essential financial statements and several governance policies, which raises red flags about its operational practices.

Strengths include a majority of independent board members and the absence of material diversion of assets, indicating some governance integrity. However, the absence of financial statements and key policies—such as conflict of interest and whistleblower policies—limits the charity's credibility and transparency. Additionally, the organization's reported program expense ratio is relatively low at 37.70%, suggesting that less than half of its expenses directly support its charitable mission.

Overall, while The Children's Toy Fund Inc has some structural strengths, the overall lack of financial documentation and policies significantly undermines its effectiveness and trustworthiness as a nonprofit organization. Potential donors and supporters should exercise caution and seek more information before contributing.

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

The Childrens Toy Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Childrens Toy Fund 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: $166,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,017

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