Minneapolis Va Employees Child Care Corporation

Charity Navigator Rating: 90%

Minneapolis VA Employees Child Care Corporation has achieved a Four-Star out of Four Star rating, reflecting a high level of accountability and financial management. The organization scored 90% overall, with a perfect score in several key areas, indicating strong governance practices and transparency in its operations. This rating is particularly significant as it highlights the charity's commitment to effectively managing its resources and maintaining integrity in its financial reporting.

The organization boasts a fully independent board, consisting of nine independent members, which enhances its governance structure. Its financial statements are thoroughly audited, and there have been no reported diversions of assets, demonstrating fiscal responsibility. With a program expense ratio of 83.80%, the charity directs a significant portion of its funding to its primary mission, ensuring that the majority of resources are used to benefit its constituents.

While the organization displays numerous strengths, the data does not mention any specific challenges or areas for improvement. Overall, the high rating from Charity Navigator suggests that Minneapolis VA Employees Child Care Corporation is a responsible and credible nonprofit dedicated to its mission.

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

Minneapolis Va Employees Child Care Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Va Employees Child Care Corporation 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: $154,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $872,354

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