The Day Care Connection Inc

Charity Navigator Rating: Needs Improvement

The Day Care Connection Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. With an overall score of 71%, the organization demonstrates strong accountability in areas such as having an independent board and a solid financial oversight committee. However, there are significant gaps in governance practices, particularly the absence of a whistleblower and document retention policy, which impacts its overall evaluation.

Strengths include a high program expense ratio of 95.28%, suggesting that a large portion of its funds is directed towards its mission-related programs rather than administrative costs. Furthermore, the organization shows a commitment to transparency with complete financial audits and independent board members. This indicates a level of integrity in its financial dealings, which is crucial for building trust with donors.

On the downside, the liabilities to assets ratio of 70.64% raises concerns about the organization's financial stability. This high ratio may suggest potential risks in meeting its obligations. Overall, while The Day Care Connection Inc displays some commendable practices, it will need to address its governance shortcomings and financial health to enhance its rating and impact.

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

The Day Care Connection Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Day Care Connection 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,037

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