Lomas Child Development Inc

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Lomas Child Development Inc has received an overall score of 86%, indicating a solid performance in Accountability and Finance. This score is primarily derived from a strong assessment in financial metrics, with a program expense ratio of over 85%, signifying that the majority of its expenses are allocated towards its programs. The organization also benefits from a majority of independent board members, which adds to its governance strength.

Despite these strengths, there are notable weaknesses in the transparency and policy areas. The charity has missing disclosures such as a conflict of interest policy and a whistleblower policy, which are crucial for fostering trust and accountability. Additionally, the absence of its website listed on the tax form and the lack of tax form postings on its website may limit public access to important information.

Overall, Lomas Child Development Inc demonstrates commendable financial responsibility and governance but needs to enhance its transparency practices to improve its standing further. Addressing the disclosed limitations could help bolster its reputation and effectiveness in serving its mission.

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

Lomas Child Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lomas Child Development 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: $223,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $774,551

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