Cherished Impressions Child Placing Agency

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars, Overall Score: 69%

Cherished Impressions Child Placing Agency has received a two-star rating from Charity Navigator, indicating that there are significant areas needing improvement. The organization holds an overall score of 69%, which reflects its performance in accountability and finance. Notably, all board members are independent, contributing positively to governance, and the agency has no material diversion of assets, which suggests financial integrity.

However, there are several limitations that have been highlighted in the evaluation. The agency lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for transparency and accountability. Additionally, while the program expense ratio is commendable at 68.76%, the liabilities to assets ratio of 175.91% raises concerns about financial sustainability and may indicate potential operational risks.

Overall, while Cherished Impressions demonstrates strong governance practices, the deficiencies in important policies and financial management indicate that improvements are necessary for better performance and trust among stakeholders.

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

Cherished Impressions Child Placing Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherished Impressions Child Placing Agency 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: $70,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,060

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