Horizon Science Academy Springfield

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Horizon Science Academy Springfield has received a three-star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization has excelled in several key areas, including having a fully independent board and a strong program expense ratio, directing nearly all of its resources toward its mission. The absence of any material diversion of assets further underscores its commitment to financial integrity.

However, the organization faces challenges in its financial health, particularly noted in its liabilities to assets ratio, which did not meet expectations. While the high marks in governance policies, such as conflict of interest and document retention, are commendable, the lack of a whistleblower policy may raise concerns about internal oversight. These factors contribute to its overall score, reflecting both strengths and areas needing improvement.

Overall, Horizon Science Academy Springfield demonstrates a commitment to accountability and responsible financial practices, but it should address its financial liabilities and enhance its governance policies to strengthen its standing and effectiveness as a nonprofit organization.

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

Horizon Science Academy Springfield is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Science Academy Springfield 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: $97,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,732,817

For more financial information, click here

Official website here: www.horizonspringfield.org