North Star Charter School Inc

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

North Star Charter School Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scores particularly well in areas such as board independence, financial audits, and the transparency of its governance policies, demonstrating a commitment to sound financial practices.

The charity boasts a 95.42% program expense ratio, suggesting that a significant portion of its funds is directed towards its educational programs. This focus on programmatic spending underscores the organization's mission to effectively utilize its resources in serving the community. The presence of strong governance policies, including conflict of interest and whistleblower protections, further strengthens its accountability framework.

However, the organization faces challenges with its liabilities-to-assets ratio, which is notably high at 180.01%. This could indicate potential financial strain or risk, which may concern stakeholders about the long-term sustainability of the nonprofit. Addressing this issue may be crucial for enhancing the overall financial health and stability of North Star Charter School Inc.

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

North Star Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Star Charter School 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,489,711

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Official website here: www.northstarcharter.org