Joyful Land Preschool

Charity Navigator Rating: 38% (Zero-Star out of Four Star rating)

Joyful Land Preschool has received a low rating of 38% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises issues about governance and oversight. Additionally, there are several missing policies and documents, such as a conflict of interest policy and a whistleblower policy, which are essential for fostering transparency and trust.

Despite the concerns regarding governance, Joyful Land Preschool appears to be effectively utilizing its funds, as evidenced by a program expense ratio of 100%. This suggests that all resources are being directed towards its programs, which is a positive aspect of the organization’s operations. However, the failure to meet several accountability standards remains a critical weakness.

The organization also has a high liabilities-to-assets ratio of 70.40%, indicating potential financial instability. This aspect, combined with the absence of publicly available documentation and policies, may hinder the trust and confidence of potential donors and stakeholders in the preschool’s management practices. Overall, while the preschool’s program focus is commendable, its governance and financial accountability require substantial improvement.

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

Joyful Land Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joyful Land Preschool 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,710

For more financial information, click here