South Pre School Inc

Charity Navigator Rating: 53%, One-Star out of Four Star Rating

South Pre School Inc has received a low rating of 53%, indicating concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight, reflecting a lack of transparency that is critical for donor trust. Despite these issues, the organization does exhibit a 100% program expense ratio, suggesting that it directs all its funding toward its programmatic activities.

While the charity has managed to avoid material diversion of assets and maintains a favorable liabilities to assets ratio, its lack of essential policies, such as conflict of interest and whistleblower protections, is a significant drawback. Furthermore, the absence of documented board meeting minutes and the failure to post required tax documents on its website highlight a need for improved compliance with best practices in nonprofit governance.

Overall, while South Pre School Inc demonstrates a commitment to its programs, the lack of independent oversight and many missing governance policies may hinder its effectiveness and credibility. Donors and stakeholders may want to consider these factors before contributing to the organization.

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

South Pre School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Pre School 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: $29,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,200

For more financial information, click here

Official website here: www.southpreschool.com