Triumphant Learning Centerinc

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

Triumphant Learning Centerinc has achieved a commendable Four-Star rating from Charity Navigator based on its impressive score of 92%. This rating reflects the nonprofit's strong performance in accountability and finance, with 100% of its score derived from this single beacon. The organization demonstrates robust governance, highlighted by its majority independent board members and effective financial oversight.

The center's financial health is notable, with a low liabilities to assets ratio of 12.47% and a high program expense ratio of 84.73%. This indicates that Triumphant Learning Centerinc effectively prioritizes funding for its programs and services over administrative costs, ensuring that most of its resources directly benefit its mission.

However, there are areas for improvement. The organization is missing a whistleblower policy and has not posted its tax form on its website, which could affect transparency. Addressing these gaps could enhance stakeholder trust and further solidify its accountability standards. Overall, Triumphant Learning Centerinc shows a strong commitment to effective financial management and governance.

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

Triumphant Learning Centerinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumphant Learning Centerinc 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: $108,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,658

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Official website here: www.tlctigers.com