Lrsh Inc

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

Little Red Schoolhouse has received a Two-Star rating from Charity Navigator, indicating that the organization has some strengths but also faces significant challenges in financial and organizational accountability. The overall score of 69% reflects a good performance in areas such as having an entirely independent board and a high program expense ratio, which suggests that a substantial majority of its expenditures are directed toward its mission-related activities.

However, the organization has notable weaknesses, particularly in governance and financial transparency. It lacks key policies such as a conflict of interest policy, a whistleblower policy, and documentation protocols for retention and destruction, which are essential for good governance. Additionally, the absence of financial statements on its website raises concerns about transparency and accountability to stakeholders.

Overall, while Little Red Schoolhouse demonstrates a commitment to its mission through effective program spending, the gaps in governance and financial reporting practices highlight areas that require improvement to build trust and ensure long-term sustainability.

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

Lrsh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lrsh 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: $88,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $994,016

For more financial information, click here

Official website here: www.littleredbreck.com/