Learnlaunch Inc

Charity Navigator Rating: Needs Improvement

Learnlaunch Inc has received a two-star rating from Charity Navigator, with an overall score of 71%. The organization demonstrates strong accountability in several areas, including having a majority of independent board members and robust financial audits. However, it has notable weaknesses, particularly in governance policies, as it lacks a whistleblower policy and document retention guidelines.

Despite the solid score for financial accountability, with no material diversion of assets reported, Learnlaunch Inc struggles with its liabilities to assets ratio, indicating potential financial risks. The program expense ratio is decent, which suggests that a significant portion of its budget is allocated to program-related activities. Nonetheless, the absence of key transparency documents, such as the tax form on its website, raises concerns among stakeholders about the organization’s commitment to open governance.

Overall, while Learnlaunch Inc shows promise with its accountability metrics, the lack of certain governance policies and transparency measures may hinder its overall effectiveness and public trust. The nonprofit has opportunities to improve its rating by addressing these gaps and enhancing its operational transparency.

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

Learnlaunch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learnlaunch 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: $321,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $793,463

For more financial information, click here

Official website here: www.learnlaunch.org