Spark Preschool Nfp

Charity Navigator Rating: Needs Improvement

Spark Preschool Nfp received a two-star rating from Charity Navigator, indicating that the organization has significant areas needing improvement. The overall score of 67% reflects a robust program expense ratio of 93.90%, suggesting that a large portion of its budget is dedicated to its programs. Additionally, the organization boasts a fully independent board, which is a positive aspect of its governance.

However, the nonprofit faces notable shortcomings in its accountability and finance practices. Critical documents such as financial statements, conflict of interest policies, and whistleblower policies are missing, which raises concerns about transparency and governance. Furthermore, while the organization has no material diversion of assets, the absence of a website listed on its tax form might hinder stakeholder access to important information.

In summary, while Spark Preschool Nfp demonstrates a commitment to its mission through high program spending and independent board oversight, it must address its governance and financial transparency to improve its rating and build trust with donors and the community.

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

Spark Preschool Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spark Preschool Nfp 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: $35,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,314,463

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