Preferred School Care Inc

Charity Navigator Rating: Needs Improvement, 69% overall score, Two-Star out of Four Star rating. Preferred School Care Inc has received a rating indicating a need for improvement, primarily due to various policy deficiencies. While the organization maintains strong accountability in areas such as board independence and financial management, it lacks essential policies like a whistleblower policy and document retention procedures, which are crucial for transparency and governance.

The organization shows a commendable program expense ratio of 70.39%, reflecting a strong commitment to its mission through effective program funding. Additionally, no material diversion of assets has been reported, and the liabilities to assets ratio is healthy at 0.38%, indicating sound financial stability. The board composition also demonstrates a commitment to independence, with 71% of members being independent.

However, the absence of key policies and public documentation raises concerns about overall governance practices. Notably, the missing whistleblower and retention policies, along with a lack of publicly available board meeting minutes and tax forms, suggest room for improvement in organizational transparency and accountability. These limitations could affect stakeholder trust and the organization's long-term effectiveness.

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

Preferred School Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preferred School Care 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: $264,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $808,140

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