Glad Tidings Preschool

Charity Navigator Rating: 1-Star out of Four Stars (59%)

Glad Tidings Preschool has received a 1-Star rating from Charity Navigator, with an overall score of 59%. This rating reflects concerns in accountability and financial transparency. While the organization demonstrated a strong commitment to having a majority of independent board members and maintained good practices in document retention and board meeting minutes, it falls short in several critical areas such as providing financial statements and having policies in place for conflicts of interest and whistleblower protections.

Strengths of the organization include a perfect program expense ratio of 100%, indicating that all of its expenditures are directed towards program activities. This suggests a focused approach on its mission to serve children and families. Additionally, there is no evidence of material diversion of assets, which is a positive sign of financial integrity.

However, the lack of key financial disclosures and absence of a publicly accessible website raise significant concerns about transparency and accountability, which are vital for donor trust. In summary, while Glad Tidings Preschool exhibits strengths in its program focus, it needs to address its deficiencies in financial reporting and governance policies to improve its standing in the nonprofit community.

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

Glad Tidings Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glad Tidings Preschool 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: $693,287

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