Beverly Glen Playgroup Inc

Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)

Beverly Glen Playgroup Inc has achieved a score of 67%, indicating a moderate level of performance in accountability and finance. The organization boasts a fully independent board with all members meeting the criteria, reflecting strong governance practices. Additionally, there are no reported material diversions of assets, which adds to its credibility in financial stewardship.

The playgroup demonstrates a commendable program expense ratio of 100%, suggesting that all of its expenditures are directed towards program services. This focus on programmatic spending is a positive aspect, as it highlights the organization's commitment to its mission. Furthermore, the liabilities to assets ratio is low at 18.23%, which indicates a healthy financial position and minimal risk in terms of debt.

However, while the charity shows strengths in governance and financial management, the overall score of 67% suggests there is room for improvement. Potential donors might want to consider these factors when evaluating the organization, as it may not meet the highest standards of nonprofit performance according to Charity Navigator's benchmarks.

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

Beverly Glen Playgroup Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beverly Glen Playgroup 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: $96,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,039

For more financial information, click here