Loving Care Day Care Center Inc

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Loving Care Day Care Center Inc, operating as A Child's Place, has received a low rating due to significant shortcomings in its accountability and financial transparency. With 100% of the rating derived from the Accountability & Finance beacon, the organization scored poorly in several key areas, including a lack of independent board members and missing critical policies related to governance. This has raised concerns about its overall oversight and management practices.

Despite these weaknesses, the organization demonstrated a high program expense ratio of approximately 90.97%, indicating that a large portion of its funds is directed towards its programs rather than administrative costs. Additionally, it maintains a favorable liabilities to assets ratio of 0.55%, suggesting a relatively stable financial position. However, the absence of financial statements and several governance policies highlights areas where improvement is necessary.

Overall, while A Child's Place is fulfilling its mission effectively as reflected in its program spending, the lack of transparency and governance structure could pose risks to its long-term sustainability and credibility. It is recommended that potential donors consider these factors before making contributions.

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

Loving Care Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loving Care Day Care Center 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: $48,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,534

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