Sparks Of Daas Inc

Charity Navigator Rating: 1 Star (50%)

Sparks Of Daas Inc received a one-star rating from Charity Navigator, indicating significant deficiencies in accountability and financial transparency. The charity has not provided financial statements, and critical governance documents such as its conflict of interest policy, whistleblower policy, and board meeting minutes are missing. Additionally, there are no independent board members, which raises concerns about oversight and governance.

Despite these issues, the organization demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 99.54%. This suggests that nearly all of its expenses are directed towards its charitable activities rather than administrative costs. Moreover, the charity has a favorable liabilities to assets ratio of 1.30%, indicating financial stability in terms of asset management.

However, the lack of basic governance policies and transparency raises red flags for potential donors and supporters. Without improvements in accountability and the establishment of an independent board, the organization may face challenges in building trust and credibility within the nonprofit sector.

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

Sparks Of Daas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparks Of Daas 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: $0

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