Mid Rivers Day Care

Charity Navigator Rating: 45%, Zero-Star out of Four Star rating.

Mid Rivers Day Care has received a 45% rating from Charity Navigator, resulting in a Zero-Star rating. This score indicates significant concerns regarding the organization's accountability and financial practices. Notably, the charity has no independent board members, which raises questions about governance and oversight. The lack of key financial documents and policies, such as a conflict of interest policy and whistleblower protections, further highlights deficiencies in transparency.

Despite these weaknesses, Mid Rivers Day Care demonstrates a strong commitment to its programs, achieving a program expense ratio of 96.10%, which indicates that nearly all funds are directed toward its mission. However, the organization faces challenges with financial management, as evidenced by a liabilities to assets ratio of 59.31%. The absence of publicly accessible financial statements also detracts from its accountability to donors and the public.

Overall, while Mid Rivers Day Care is dedicated to its core mission, the glaring gaps in governance and financial reporting suggest that potential supporters should approach with caution. Enhancing board independence and establishing crucial policies could greatly improve the charity's standing and effectiveness in serving the community.

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

Mid Rivers Day Care is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Rivers Day Care 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: $418,594

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