Fremont Street Nursery

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

Fremont Street Nursery has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's overall score is derived primarily from its accountability metrics, scoring 84%. Notably, the organization boasts a fully independent board with 12 members, which contributes to its strong governance structure.

The nursery demonstrates effective financial management, with a program expense ratio of 88.74%, showcasing a commitment to directing funds towards its mission. Additionally, it has a low liabilities to assets ratio of 3.23%, suggesting a stable financial position. However, the organization has several areas for improvement, particularly regarding governance policies, as they currently lack a conflict of interest policy, a whistleblower policy, and a document retention policy.

While the charity's financial oversight appears robust, the absence of these key policies indicates potential areas for enhancement in transparency and governance practices. Addressing these limitations could further strengthen the organization’s credibility and trustworthiness in the community.

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

Fremont Street Nursery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fremont Street Nursery 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: $67,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,131

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Official website here: www.fremontstreetnursery.com