Educare Services Inc

Rating from Charity Navigator: 69%, Two-Star out of Four Star rating.

Educare Services Inc has received a two-star rating from Charity Navigator, indicating some concerns regarding its overall accountability and financial health. While the organization excels in having a fully independent board and robust financial oversight, it struggled with specific governance policies that are deemed critical for nonprofit transparency and accountability.

The strengths of Educare Services Inc include a strong independent board with all members meeting accountability standards. The organization also demonstrates effective financial oversight as evidenced by its high program expense ratio, which indicates that a significant portion of its resources are devoted to its programs rather than administrative costs.

However, there are notable limitations, particularly the absence of essential governance policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. Additionally, the liabilities to assets ratio raises concerns, suggesting potential financial instability. Overall, while the organization has strong points, these governance gaps highlight areas for improvement.

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

Educare Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educare Services 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: $349,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,977,024

For more financial information, click here

Official website here: www.educareservicesinc.com