Learning Center Preschool

Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)

Learning Center Preschool has received a Two-Star rating from Charity Navigator, indicating that it requires improvements in certain operational areas. While the organization shows a high program expense ratio of 93.23%, demonstrating a strong commitment to its services, its overall score reveals gaps in accountability and transparency.

The nonprofit benefits from a fully independent board, with 8 out of 8 points awarded for majority independent board members and 7 independent members fulfilling requirements. Additionally, there are no concerns regarding the diversion of assets, which reflects positively on its financial integrity. However, significant weaknesses are evident in policies, such as the absence of a conflict of interest policy, whistleblower policy, and document retention procedures, which could undermine trust and governance.

Overall, while Learning Center Preschool has strengths in its program expenses and independent governance, the lack of essential policies and missing documentation on their website indicate areas that need urgent attention. Strengthening these governance issues will not only enhance accountability but also improve the organization’s standing with funders and supporters.

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

Learning Center Preschool is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learning Center Preschool 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: $362,546

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Official website here: www.tlcofevergreen.com