Daybreak Inc

Rating from Charity Navigator: Needs Improvement (Two-Star out of Four Star rating, 67%)

Daybreak Inc has received a two-star rating from Charity Navigator, indicating areas for improvement despite a perfect score in accountability and finance. The organization demonstrates a strong governance structure with an independent board, which is a positive aspect. However, the financial transparency appears to be lacking, as evidenced by a zero score on key financial statement metrics, suggesting that potential donors may find it difficult to assess the organization's financial health.

While Daybreak Inc allocates a significant portion of its budget towards program expenses—over 74%—the overall lack of transparency in financial reporting raises concerns. The absence of critical policies such as a conflict of interest policy and a whistleblower policy could undermine trust among stakeholders. The organization would benefit from addressing these limitations to enhance its credibility and effectiveness in serving its mission.

Overall, while Daybreak Inc has a solid foundation in governance and program expense management, the deficiencies in financial transparency and policy implementation hinder its overall rating. Addressing these issues would not only improve its standing with evaluators but also increase confidence among donors and the community it serves.

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

Daybreak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daybreak 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: $123,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,817

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