Mount Royal Academy Inc

88% rating from Charity Navigator indicates that Mount Royal Academy Inc has achieved a Three-Star out of Four Star rating, signifying strong performance in accountability and finance. The score is entirely based on the accountability and finance beacon, which reflects the organization's commitment to transparency and proper financial management.

The organization boasts an impressive set of metrics, including a fully independent board and comprehensive financial audits. The majority of its board members are independent, and they have a high program expense ratio, indicating that most of the funds are directly used for their programs. However, the absence of a whistleblower policy and a document retention policy is noted as a limitation in their governance practices.

Overall, the charity demonstrates a solid commitment to accountability with a strong emphasis on financial stability and programmatic expenditure. While it has room for improvement in its governance policies, its strengths in transparency and effective use of resources contribute positively to its evaluation.

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

Mount Royal Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Royal Academy 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: $84,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $835,339

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Official website here: www.mountroyalacademy.org