Rockville Day Care Association Inc

Rating from Charity Navigator: 73%, Two-Star out of Four Star rating.

The Rockville Day Care Association Inc has received a Two-Star rating based on a score of 73%, primarily reflecting its accountability and finance practices. The organization demonstrates a strong commitment to governance with a fully independent board and good financial health, as indicated by a 0.00% liabilities to assets ratio and a high program expense ratio of 84.32%. However, the lack of financial statements significantly impacted their overall score negatively.

While the organization has established several key policies, including a conflict of interest policy and board meeting minutes documentation, there are notable gaps in its governance framework. Specifically, the absence of a whistleblower policy and document retention guidelines suggests areas for improvement in transparency and accountability. Additionally, the absence of financial statements raises concerns about the full disclosure of financial operations.

Overall, while Rockville Day Care Association Inc exhibits several strengths in governance and financial management, the limitations in their reporting and policy framework highlight the need for enhancements to boost their accountability and, consequently, their Charity Navigator rating.

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

Rockville Day Care Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockville Day Care Association 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: $156,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,366,703

For more financial information, click here

Official website here: www.rockvilledaycare.org