Clarendon Child Care Center

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)

The Clarendon Child Care Center has received a rating of two stars from Charity Navigator, indicating that there are areas requiring improvement. With a score of 71%, the organization demonstrates strong management in certain aspects, including a fully independent board and a favorable liabilities to assets ratio. Their program expense ratio is commendable at 91.05%, indicating that a significant portion of their resources is directed towards their programs.

However, there are notable deficiencies in their accountability and financial transparency. The organization has not provided financial statements, which has affected their score significantly, resulting in a zero for that category. Moreover, they lack critical policies such as a whistleblower policy and document retention and destruction policy, which are essential for organizational governance and transparency.

While the Independent Board structure is a positive aspect, the absence of financial documentation and specific policies highlights a need for improvement in governance practices. The Clarendon Child Care Center is encouraged to enhance its financial reporting and policy framework to strengthen its accountability and transparency to stakeholders.

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

Clarendon Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarendon Child Care Center 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: $84,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $545,365

For more financial information, click here