Craftsbury Academy Corporation Co Union Bank

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 60%)

Craftsbury Academy Corporation Co Union Bank has received a two-star rating from Charity Navigator, indicating significant room for improvement in its operational and governance practices. The overall score of 60% highlights solid program expenditure, with 78.47% of resources allocated to programs, which is a positive aspect of their financial management. However, concerns about governance and accountability overshadow these strengths.

One of the critical weaknesses noted is the lack of independent board members, as 0% of the board is independent. This raises questions about the transparency and objectivity of decision-making processes. Additionally, several important policies, including conflict of interest and whistleblower policies, are missing, suggesting potential vulnerabilities in ethical oversight.

While Craftsbury Academy does not report any material diversion of assets, the absence of key governance documents, such as their tax form and various policy frameworks, points to areas needing urgent attention. Improving these aspects could enhance their overall effectiveness and credibility in the nonprofit sector.

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

Craftsbury Academy Corporation Co Union Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Craftsbury Academy Corporation Co Union Bank 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: $4,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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