The Foundation For Childcare Inc

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. The Foundation For Childcare Inc has demonstrated strong accountability and financial management in several areas, including having a fully independent board and a favorable liabilities to assets ratio of 0.36%. The organization allocates a significant portion of its expenses, approximately 91.82%, towards its programs, reflecting a commitment to its mission.

However, the charity has received a lower score in several critical areas concerning transparency and governance. Notably, it lacks key documents such as financial statements and policies for conflict of interest and whistleblowing. Additionally, its website was not listed on the tax form, which raises concerns about accessibility and transparency for potential donors.

The high percentage of independent board members and the absence of material asset diversion are positive aspects that indicate a solid governance structure. Nonetheless, the missing documentation and policies suggest that there is room for improvement in transparency and operational practices, which could enhance trust among stakeholders and potential donors.

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

The Foundation For Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Childcare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $502,899

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