Little Folks Inc

Charity Navigator Rating: 1-Star out of Four Stars (52%)

Little Folks Inc has received a low rating of 52%, reflecting significant concerns in its accountability and financial practices. The absence of independent board members and missing critical governance policies raise red flags about the organization's transparency and oversight. Furthermore, the lack of publicly accessible financial statements further complicates an understanding of the charity's financial health.

Despite these concerns, the organization exhibits a high program expense ratio of 96%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. This suggests a focus on fulfilling its mission, although it is undermined by the lack of foundational governance structures. The high salaries for key personnel, particularly the president, may also warrant scrutiny in relation to overall financial management.

Overall, while Little Folks Inc shows a commitment to its programs, the weaknesses in its governance and accountability mechanisms significantly impact its rating. Potential donors and supporters may want to consider these factors carefully before engaging with the organization.

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

Little Folks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Folks 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: $448,560

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