Precious Ones Learning & Outreach Inc

Charity Navigator Rating: 37%

Precious Ones Learning & Outreach Inc has received a Zero-Star out of Four Star rating, indicating significant concerns regarding its accountability and financial practices. The organization's score of 37% reflects a lack of independent board members, which raises questions about governance and oversight. Additionally, critical policies such as conflict of interest and whistleblower protections are missing, further underscoring weaknesses in organizational integrity.

While the charity does report no material diversion of assets and maintains a reasonable liabilities to assets ratio, these positive aspects are overshadowed by the absence of essential financial transparency measures such as program expense reporting and proper documentation of board meeting minutes. The program expense ratio of 57.92% is relatively low, which may indicate that a substantial portion of investments is not going towards program services.

Overall, the lack of independent oversight and missing governance policies suggest that Precious Ones Learning & Outreach Inc has significant areas for improvement. Potential donors and stakeholders may want to approach with caution, given the organization's low rating and the highlighted deficiencies in accountability.

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

Precious Ones Learning & Outreach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precious Ones Learning & Outreach 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: $262,089

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