Little Miracles Learning Center Inc

Charity Navigator Rating: 0 Stars

Little Miracles Learning Center Inc has received a low overall rating of 14%, corresponding to a Zero-Star out of Four Star rating, indicating significant issues in accountability and financial management. The organization lacks independent board members, with a score of 0% in this area, reflecting poor governance practices. Additionally, critical financial statements are missing, which raises concerns about transparency and the effective use of donor funds.

Strengths noted include a documented policy for board meeting minutes and no material diversion of assets, suggesting that the organization's core assets are safeguarded. However, the absence of an independent oversight and the lack of essential policies such as conflict of interest and whistleblower protections highlight significant governance shortcomings. The organization also has a low program expense ratio at 38.78%, which means a majority of its expenses are not directed towards its programs.

Overall, the significant deficiencies in governance, financial documentation, and transparency may raise red flags for potential donors and stakeholders. Without improvements in these areas, the organization may struggle to gain trust and support from the community it aims to serve.

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

Little Miracles Learning Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Miracles Learning Center 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: $68,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $580,754

For more financial information, click here

Official website here: www.littlemiracleslearn.com