Kids Castle Child Care Center

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

Kids Castle Child Care Center has received a low score of 41%, resulting in a Zero-Star rating from Charity Navigator. This rating indicates significant concerns regarding the nonprofit's accountability and financial practices. A notable issue is the lack of independent board members, which raises questions about governance and oversight. Additionally, the organization is missing crucial policies, such as a conflict of interest and whistleblower policy, which are important for transparency and ethical operations.

On a positive note, the organization demonstrates a high commitment to program expenses, with a program expense ratio of 94.95%. This suggests that a large portion of their funds is directed toward their core mission of child care services. However, the financial stability of the organization is questionable, particularly due to a liabilities to assets ratio of 391.62%, indicating that liabilities may far exceed assets, which raises concerns about long-term viability.

Overall, while Kids Castle Child Care Center appears dedicated to its programming, serious governance and financial management issues are evident. Prospective donors and stakeholders may wish to consider these factors carefully before engaging with the organization.

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

Kids Castle Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids Castle Child Care Center 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: $187,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $548,283

For more financial information, click here