Grace Prep Inc

Charity Navigator Rating: Needs Improvement (69%)

Grace Prep Inc has received a two-star rating from Charity Navigator, indicating that while there are some positive aspects to the organization, significant areas require attention. The overall score of 69% reflects a mix of strengths, particularly in its financial management and independence, as it boasts a fully independent board and an impressive program expense ratio of nearly 100%.

However, the nonprofit faces challenges with its accountability and finance practices. Notably, Grace Prep Inc lacks critical policies such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and ethical governance. Additionally, the absence of posted financial statements and the nonprofit's tax form on its website raises concerns about its overall accountability to stakeholders.

In conclusion, while Grace Prep Inc demonstrates strong financial efficiency and governance independence, the organization must address its policy gaps and improve its transparency to enhance its standing and trustworthiness among donors and the community.

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

Grace Prep Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Prep 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: $0
Professional Fundraising Fees: $2,516
Other Salaries and Wages: $433,755

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Official website here: www.graceprep.com