Bethlehem Lutheran Preschool Inc

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

Bethlehem Lutheran Preschool Inc has been awarded a Three-Star rating by Charity Navigator, reflecting an overall score of 83%. This rating is derived exclusively from its Accountability & Finance score, highlighting the organization’s commitment to transparency and effective financial management in its most recent fiscal year, FY2022.

Among the strengths noted, Bethlehem Lutheran Preschool has a fully independent board, with all ten members meeting the criteria for independence. Additionally, the organization boasts a high program expense ratio of 88.95%, indicating that a significant portion of its funding is directed toward its educational programs. Furthermore, it has demonstrated strong fiscal health with a liabilities to assets ratio of just 0.26%, suggesting that it is well-positioned financially.

However, there are areas for improvement, particularly regarding the absence of a conflict of interest policy and a whistleblower policy, both of which were scored zero. Addressing these gaps could enhance the organization’s governance practices and overall accountability to its stakeholders.

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

Bethlehem Lutheran Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethlehem Lutheran Preschool 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: $42,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,051

For more financial information, click here

Official website here: www.blcjaxbeach.org