Chicago Urban Day Schoolinc

Charity Navigator Rating: Needs Improvement, Overall score: 65%, Two-Star out of Four Star rating

Chicago Urban Day School has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 65%. This score reflects the organization’s accountability and financial practices, where it shows strengths in board independence and its lack of material asset diversion. However, the absence of key policies such as a whistleblower policy and document retention policy significantly impacted their score.

The nonprofit demonstrates a strong program expense ratio of 84.46%, indicating that a substantial portion of its funds is dedicated to its programs rather than administrative costs. Nonetheless, the liabilities to assets ratio of 108.07% raises concerns about the organization's financial health. Additionally, the failure to post important documents like the tax form on its website suggests a need for greater transparency.

While the organization has an independent board and adheres to some financial accountability standards, the noted limitations in policy and financial structure highlight areas for improvement. These factors are essential for fostering trust with donors and ensuring sustainable operations. Overall, stakeholders may want to consider these aspects when evaluating their support for the Chicago Urban Day School.

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

Chicago Urban Day Schoolinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Urban Day Schoolinc 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: $82,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,556

For more financial information, click here