Academy Of Medicine Of Brooklyninc

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

The Academy of Medicine of Brooklyn, Inc. has received an 80% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived from a single beacon score, reflecting an emphasis on the organization's financial health and governance practices, which are critical to the sustainability and integrity of nonprofits.

Key strengths of the organization include its fully independent board, which comprises 18 members, and its strong financial ratios, including a low liabilities to assets ratio of 11.66%. The organization has also demonstrated good practices by listing essential policies and maintaining transparency through the availability of board meeting minutes and its tax form on its website.

However, there are some areas for improvement, particularly the absence of a whistleblower policy and a document retention and destruction policy, both of which received zero points. These gaps could impact the organization’s accountability framework, suggesting that while the Academy of Medicine of Brooklyn performs reasonably well overall, there is room for enhancement in its governance practices.

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

Academy Of Medicine Of Brooklyninc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Medicine Of Brooklyninc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.msck.org