Daybreak Childrens Foundation Inc

Charity Navigator Rating: 74%, Two-Star out of Four Star rating.

Daybreak Children's Foundation Inc has received a rating of 74%, which classifies it as a Two-Star nonprofit. This score reflects a solid performance in areas such as accountability and finance, where it scored notably well on the independence of its board and its asset management practices. However, concerns arise from the lack of essential policies, such as a conflict of interest policy and a whistleblower policy, which received a score of zero.

The organization demonstrates strengths in transparency, as evidenced by its compliance with posting tax forms and board meeting minutes on its website. Additionally, it maintains a favorable liabilities to assets ratio, indicating a stable financial position. The program expense ratio, while decent, suggests room for improvement in allocating resources towards its mission-focused activities.

Despite these strengths, the lack of critical governance policies is a significant limitation that could affect confidence among stakeholders. The foundation will need to address these governance gaps to enhance its overall accountability and ensure better alignment with best practices in nonprofit management.

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

Daybreak Childrens Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daybreak Childrens Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.fortwaynechildrensfoundation.org