First State Educateinc

Charity Navigator Rating: Very poor (36%, Zero-Star out of Four Star rating)

First State Educateinc has received a very poor rating from Charity Navigator, indicating significant issues within its accountability and finance practices. While the organization scores well in areas such as having a majority of independent board members and no material diversion of assets, it lacks essential policies like conflict of interest, whistleblower protections, and document retention guidelines. These omissions severely impact its overall score.

The organization's liabilities to assets ratio is particularly concerning, standing at 0.33%, which suggests potential financial instability. Additionally, the program expense ratio is reported as 0.00%, raising questions about the organization's effectiveness and commitment to its mission. The absence of tax forms on its website further highlights transparency issues that donors and stakeholders may find troubling.

Despite some strengths in governance, the significant gaps in policy and financial management reflect a need for improvement. These factors collectively contribute to its poor rating, which may affect donor confidence and support moving forward.

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

First State Educateinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First State Educateinc 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: $0

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Official website here: www.firststateeducate.org