Happy Time Day Care Center

Charity Navigator Rating: Needs Improvement (69%)

Happy Time Day Care Center has received a two-star rating from Charity Navigator, indicating it needs improvement in its operations and governance practices. The organization scored a total of 69%, reflecting a generally solid financial standing but highlighting significant deficiencies in accountability measures and transparency.

The nonprofit excels in having a majority of independent board members and a strong liabilities to assets ratio, which suggests sound financial management. Additionally, the organization has a high score for its program expense ratio, indicating a commitment to its core mission of providing childcare. However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns regarding governance and accountability.

Moreover, the lack of transparency is further evidenced by the missing tax form on the nonprofit's website and incomplete documentation practices. These shortcomings suggest that while Happy Time Day Care Center is financially stable, it must prioritize enhancing its governance framework and improving transparency to reinforce trust among stakeholders and the community it serves.

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

Happy Time Day Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Time Day Care Center 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: $429,669

For more financial information, click here

Official website here: www.happytimedaycare.com