Higher Learning Solutions Foundation Inc

Charity Navigator Rating: 35% - Zero-Star out of Four Star Rating

Higher Learning Solutions Foundation Inc has received a low rating of 35%, resulting in a Zero-Star rating from Charity Navigator. This low score is primarily due to a complete lack of accountability and financial transparency, as indicated by the absence of independent board members and several missing governance policies. The organization's financial practices raise concerns, particularly with a liabilities-to-assets ratio of 564.54%, which could pose significant risk.

Despite these shortcomings, the organization does allocate a notable portion of its expenses towards its programs, with a program expense ratio of 69.84%. This reflects a commitment to its mission, but the lack of transparency and governance practices undermines trust and accountability. The absence of essential policies, like conflict of interest and whistleblower protections, further diminishes the organization's credibility.

Overall, while Higher Learning Solutions Foundation Inc demonstrates some positive aspects in terms of program funding, the severe deficiencies in governance and financial management practices are concerning. Potential donors and stakeholders may wish to approach with caution given the significant gaps noted in the organization's accountability measures.

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

Higher Learning Solutions Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Learning Solutions Foundation 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: $178,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,277

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